Many people believe that the bottom of this bear market is around 80,000 for the number $BTC , as the drop has been too significant and damaging to the market. However, I think if the bottom of this bear market for BTC is indeed 80,000, the accumulation period for institutions will be extended, and the market will fall into an endless cycle of fluctuations. Moreover, the potential for the next bull market will become smaller and smaller. The reason is simple: if the drop is too small, the potential is limited. The same logic applies to the current $ETH . If ETH could drop 95% in the 2022 bear market like it did in the 2018 bear market, then this bull market would have already seen ETH break 5,000. The market behaves like a spring: the lower it is pressed, the higher it rebounds.

So in order to allow the next bull market to continue with greater potential, it would be best for BTC to break 80,000, or even 70,000, as that would be the most comfortable scenario, and the same goes for ETH.

ETH
ETH
3,030.47
+1.15%
BTC
BTCUSDT
90,087.3
+0.54%