Fidelity says 56,500 is a potential target—so the question is: are you building a position now or waiting for a spike? During the market consolidation phase, position management is more important than trying to guess the bottom.

CoinJie.com news: According to Fidelity, Bitcoin is currently in an “accumulation” phase; despite recent volatility, the asset is still consolidating. Fidelity said that based on its model, a final pullback to about $56,500 is possible, and the possibility of breaking below $57,000 cannot be ruled out. $56,500 is viewed as a potential downside target.