Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#HasTheMarketDipped? Crypto Market Bottom-Building Analysis
I personally believe that the current crypto market has not yet confirmed a bottom, but it has entered a bottom-building phase. For spot investors, this period offers an opportunity to gradually accumulate mainstream coins such as BTC and ETH, focusing on key support levels, while remaining cautious of short-term volatility risks.
Bottom-Fishing Timing and Strategies
Mainstream coins, especially BTC and ETH, serve as market indicators in this phase:
BTC Key Support Levels: $90,000–$91,000 serves as a strong buy order zone. If this zone is broken, the next potential support is in the $81,000–$74,000 range.
ETH Key Support Level: $3,200 is a critical point. Overly concentrated short positions may trigger a rebound, but investors should remain mindful of staking unlock pressure, with 2.2 million ETH pending release.
Action Signals to Watch
BTC funding rate turns positive, indicating aggressive short positions may be exhausted.
Whale holdings rebound, with some addresses increasing holdings to 40%, signaling accumulation by larger market participants.
Gradual Accumulation over One-Time Buying
Instead of trying to catch the absolute bottom in a single purchase, tiered averaging is recommended to reduce risk:
Example: 10% + 10% + 20% + 20% + 30%, buying incrementally on every 5%-10% dip.
Prioritized Choices
BTC: Supported by institutional ETF inflows.
ETH: Positive potential from the Fusaka upgrade in November.
Altcoins Remain Riskier
The top 10 coins account for 94% of total market capitalization, leaving only 6% for the rest of the market.
Liquidity is limited for smaller altcoins, making them vulnerable.
Recovery in altcoins is generally dependent on BTC and ETH breaking out from their consolidation zones.
Conclusion
The market is in a strategic accumulation phase, not yet a confirmed bottom. Gradual, disciplined accumulation in BTC and ETH, guided by key supports and market signals, offers a risk-managed approach. Altcoins should be approached cautiously until broader market consolidation resolves and liquidity improves. Patience, observation, and tiered entry strategies remain essential in navigating this bottom-building period.