A Periodic Bottom is Approaching

Recently, Bitcoin has dipped to around 74,000, and Ethereum has dipped to around 1,400. At this point, Ethereum has basically reached a periodic bottom, but Bitcoin still has downward space. According to technical analysis, Bitcoin will see a rebound in the 63,000-65,000 range. Therefore, Ethereum can be gradually accumulated around 1,350.

Reasons are as follows:

The US-China tariff war has reached a point where there is no battle to be fought, and trade has already decoupled. Next, both sides will firmly hold their positions and then begin negotiations. The bearish factors have basically been exhausted.

Next, we wait for the US to start a rate-cutting cycle. We are also waiting for Trump's new cryptocurrency policy to stimulate the market.

Do not expect the market to rise immediately; the market will oscillate repeatedly at the bottom, gradually moving upward after eliminating weak hands. The duration of the bottom oscillation will be reassessed based on the US inflation data and economic data, and the outcome of the US-China tariff war is also a major factor influencing US interest rate policy. At this time, sufficient patience is needed, and it is important to control reasonable positions; keep some powder dry.