#加密货币市场走势 Recent market trends have sparked a glimmer of hope. Bitfinex's report indicates that we may be approaching a local bottom and transitioning into a consolidation phase. This aligns with my previous observations. On-chain indicators and derivatives data are both signaling positive signs: decreased spent profit ratio, realized losses from entity adjustments, and reduced open interest in futures contracts. These signs suggest that the market is digesting leverage, and short positions may be covering.

However, as an experienced trader, I understand that market bottoms are not achieved overnight. While there is hope to establish a recovery bottom in Q4, caution is still necessary. I will closely monitor the actions of top traders, diversify my followings appropriately to manage risk. Currently, I prefer to follow conservative traders while reserving some funds for more definitive reversal signals. After all, in this fast-changing market, prudence is always a virtue.