🚨 Is BTC currently forming a bottom, or is it just a “mid-game break”?
Recently, Jiang Zhuoer, founder of the Leibite Mining Pool (B.TOP), shared his views on the current Bitcoin trend.
His take is very direct:
Right now, BTC may not be a true “stable bottom” yet—it’s more like a brief breather during the process of digging deeper.
Why does he say that?
Because if you look back at the last few major Bitcoin bottoms, you’ll find a pattern:
📉 Massive losses
🌊 Violent volatility
😨 Extreme panic in market sentiment
And currently, the market shows:
❌ Widespread losses haven’t clearly appeared yet
❌ The magnitude of volatility is relatively smaller
So he believes:
Rather than thinking the market has created an unprecedented, “mild bottom,” it’s better to stay cautious and observe how things unfold.
Jiang Zhuoer also mentioned the 2018 market.
Back then:
BTC repeatedly traded around the $6,000 level.
Many people thought:
“Here must be the bottom—it won’t go any lower.”😎
But later:
The market tested lower again, and the price eventually dipped to around $3,000.
Now, the situation has some similarities too:
📌 2018:
Trading in a $6,000–$7,000 range for about two and a half months
📌 Current:
Consolidating in a $60,000–$70,000 range for about two months
Of course, history won’t simply repeat itself.
Each cycle has its own background:
🌍 Different macro environment
💰 Different capital structure
🏦 Different level of institutional involvement
So past price action can only be used as reference—it can’t determine the future.
For investors:
When the market moves sideways, the easiest feelings to fall into are two extremes:
When it rises, you think the bull market is here;
When it falls, you think the opportunity is gone.
But a truly mature strategy is:
👀 Observe the trend
📊 Control risk
💰 Keep financial flexibility
Bitcoin is like a boxer who’s taking a rest:
it might be building up strength,
or it might simply pause temporarily to regroup.
The next direction depends on the real answer the market gives.
Remember:
the bottom isn’t guessed—it’s formed through repeated market tests.📈
$BMT $BICO #TAKE #HEI #XRP守住1美元 #韩国拟放宽加密服务商大股东规则 #BIP110软分叉尝试启动
Recently, Jiang Zhuoer, founder of the Leibite Mining Pool (B.TOP), shared his views on the current Bitcoin trend.
His take is very direct:
Right now, BTC may not be a true “stable bottom” yet—it’s more like a brief breather during the process of digging deeper.
Why does he say that?
Because if you look back at the last few major Bitcoin bottoms, you’ll find a pattern:
📉 Massive losses
🌊 Violent volatility
😨 Extreme panic in market sentiment
And currently, the market shows:
❌ Widespread losses haven’t clearly appeared yet
❌ The magnitude of volatility is relatively smaller
So he believes:
Rather than thinking the market has created an unprecedented, “mild bottom,” it’s better to stay cautious and observe how things unfold.
Jiang Zhuoer also mentioned the 2018 market.
Back then:
BTC repeatedly traded around the $6,000 level.
Many people thought:
“Here must be the bottom—it won’t go any lower.”😎
But later:
The market tested lower again, and the price eventually dipped to around $3,000.
Now, the situation has some similarities too:
📌 2018:
Trading in a $6,000–$7,000 range for about two and a half months
📌 Current:
Consolidating in a $60,000–$70,000 range for about two months
Of course, history won’t simply repeat itself.
Each cycle has its own background:
🌍 Different macro environment
💰 Different capital structure
🏦 Different level of institutional involvement
So past price action can only be used as reference—it can’t determine the future.
For investors:
When the market moves sideways, the easiest feelings to fall into are two extremes:
When it rises, you think the bull market is here;
When it falls, you think the opportunity is gone.
But a truly mature strategy is:
👀 Observe the trend
📊 Control risk
💰 Keep financial flexibility
Bitcoin is like a boxer who’s taking a rest:
it might be building up strength,
or it might simply pause temporarily to regroup.
The next direction depends on the real answer the market gives.
Remember:
the bottom isn’t guessed—it’s formed through repeated market tests.📈
$BMT $BICO #TAKE #HEI #XRP守住1美元 #韩国拟放宽加密服务商大股东规则 #BIP110软分叉尝试启动