I will make a few bold predictions about the cryptocurrency market:
1) If this bear market lasts around 400 days, the real bottom of the market will be reached around mid-November, and this bottom price may be around 40,000 in extreme cases. This is the first bold prediction. My previous prediction of the market bottom at 58,000 is my more conservative and stable estimate.
2) In early January 2027, a new bull market will quietly start, and BTC's subsequent target price will reach new highs, even hitting around 200,000 USD. This is the second bold prediction.
3) In this bear market, I believe that the price of ETH is likely to drop to around 1,200, or even spike down to around 1,000. If Boss Yi's fund does not timely supplement margin or fails to liquidate part of the ETH in time, it may eventually face liquidation as a sacrifice in this bear market. Now let’s make the third bold prediction: some long positions in ETH funds will ultimately be liquidated in this bear market.
Before the new bull market starts in early 2027, what we need to do is to survive well in this bear market and accumulate more capital.