Opinion: The market needs at least 40 more days to bottom out, optimistic about December and Q1 of next year.

BlockBeats news, on October 16, Arete Capital partner McKenna stated that the market is in the process of forming a bottom, which will take 40-60 days to establish. All price actions during this interval are fluctuations for accumulation. “By mid-November, we should start to expect constructive results and welcome a positive December and the first quarter of 2026.”