The US stock market is bearish, could the third wave of BTC's decline become a bottom-fishing opportunity?
The Nasdaq index has dropped 10% from its October peak, officially entering a bearish cycle.
The market will now focus on when Trump will publicly call a bottom; historical experience shows that his statements often become turning points for the market.
Many investors are looking forward to further declines in the US stock market, which could lead to the $BTC starting its third wave of downward trend, thus welcoming better bottom-fishing price levels. Currently, BTC has shown a significant correction; if the US stock market continues to weaken, the probability of a correlated decline will further increase.