江卓尔警告:BTC当前或非“平静筑底”,可能只是下跌过程中的喘息阶段
Odaily News Jiang Zhuo'er posted on X platform stating that the current market conditions are characterized by "insufficient losses + low volatility". The market should not easily bet that this is an unprecedented "calm bottom," but rather more likely a "breathing phase" during the process of finding the bottom.
He pointed out that similar situations are not uncommon in history. During the 2018 bear market, Bitcoin price tested support levels multiple times around $6,000, and the market once believed that level to be a "solid bottom." However, after roughly two and a half months of sideways movement in the $6,000 to $7,000 range, Bitcoin ultimately fell to around $3,000.
Jiang Zhuo'er stated that the current two-month sideways movement of Bitcoin in the $60,000 to $70,000 range bears similarities to the $6,000 phase in 2018. Investors need to be wary of the risk of further downside behind the short-term stable market conditions.
