## Market Bottom Meaning: Experts Share Their Perspectives as Bitcoin Continues to Expand



Last week, Bitcoin experienced significant volatility, and questions about possible support levels are increasing. The latest price has reached $91.21K, but the 24-hour decline has hit -2.01%, indicating ongoing market pressure.

This includes Ethereum (-3.41%), Solana (-3.45%), and XRP (-2.07%), suggesting a broader market correction across the crypto ecosystem. The entire week has been filled with challenging movements for investors, with Bitcoin down 8%, Ethereum 15%, Solana 12%, and XRP 12%.

### Prolonged Patterns and Their Meaning for the Market

Last Wednesday brought a quick rebound, but it did not sustain. Bitcoin returned to a low of $85,500 within hours, reflecting the well-known "Bart Simpson pattern"—rapid rise, short retention, and quick fall back. This type of movement often results in liquidations for traders waiting for a breakout.

According to Wintermute's desktop strategist, Bitcoin's consolidation range is likely between $86,000 and $92,000. Based on market behavior history, this pattern indicates high volatility and unpredictable movements, driven by year-end portfolio rebalancing and tax considerations.

### Why Is Crypto Continuing to Decline While Precious Metals Rise?

An interesting and compelling phenomenon is happening in the market this week. Normally, Bitcoin should surge when stocks fall or economic uncertainty increases. But what is actually happening is different: silver has risen by 5%, reaching new all-time highs, gold is nearly hitting record highs, and most investment flows are moving into traditional safe-haven assets.

This indicates a paradigm shift: when the Federal Reserve tightens, investors no longer see Bitcoin as the primary inflation hedge, but instead turn to precious metals and commodity markets.

### The "Don't Read Too Much Into It" Mantra

Our analyst warned that large price movements should not be over-interpreted on an emotional level. High volatility is part of normal market mechanics, especially at year-end. Liquidation cascades are one of the main reasons we see sudden price swings.

"People are reducing their positions to rest. Short rebounds are also quickly sold," he said. The expectation is for continued profit-taking over the next two weeks, driven by year-end adjustments and tax-loss harvesting strategies.

### Where Is the Real Support?

While the exact bottom is not yet clear, signs are beginning to emerge. The analyst is prepared to say that "we are in the most painful part" and "we are truly oversold in the short term."

Sideways consolidation will continue until a new catalyst appears, possibly stemming from the large options expiry at the end of December. Momentum relies on larger market events to generate a genuine breakout direction.

The meaning of the current consolidation is simple: the market is caught between anticipation and fear, and the next major move may come from macroeconomic factors rather than technical indicators.
BTC0,44%
ETH0,82%
SOL2,47%
XRP3,99%
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