A new week starts tomorrow, and Monday's volatility is likely to be relatively large. The monthly candle has just one day left before closing! July's market conditions are likely to be even more turbulent than this month! There are too many followers trying to buy the bottom right now, but I advise everyone: the normal rhythm of Bitcoin's bear market bottom includes a sideways consolidation period of at least three months, during which you can safely accumulate. For now, the left-side decline hasn't fully run its course, so any current buying should only involve very small positions. The opportunity to build a large position hasn't arrived yet! The two screenshots below show the sideways consolidation patterns at the bear market bottom in 2018, and the other shows the structure of the bear market bottom sideways consolidation in 2022. For reference only!

BTC-1.43%
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