Jiang Zhuoer: Bitcoin's Sideways Movement May Trigger FOMO, Downside Potential Limited

Jiang Zhuoer posted a historical comparison chart of Bitcoin on the X platform, indicating that the low point of this cycle may be around $57,800. Based on historical cycle trends, the current market adjustment in terms of magnitude and duration is similar to the previous three cycles, and many investors may currently be in a "missed opportunity" state. Jiang Zhuoer stated that as the market continues to move sideways, investors' anxiety (FOMO) may gradually increase. Once capital flows back in, the potential for further market declines may be limited. He believes that the subsequent trend may reference the "golden pit" seen in late 2021, where a brief buying opportunity during the pullback may arise.

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