The wave of sell-offs in the market seems to be slowly receding, which may signal that the crypto winter is coming to an end. A sharp decline in risk-averse signals has been observed, and selling pressure has eased, suggesting that the worst phase may already be over. If selling pressure continues to decrease in the coming week, it is likely to become a reliable bottom signal. It's like the first ray of sunshine after a storm, bringing hope and warmth. However, we still need to remain cautious and patiently wait for a second, weaker wave of selling to confirm the bottom. This process is like searching for an exit in the dark, requiring us to stay alert and confident. Let’s look forward to the sun shining again and welcome the arrival of spring in the crypto world together!
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The wave of sell-offs in the market seems to be slowly receding, which may signal that the crypto winter is coming to an end. A sharp decline in risk-averse signals has been observed, and selling pressure has eased, suggesting that the worst phase may already be over. If selling pressure continues to decrease in the coming week, it is likely to become a reliable bottom signal. It's like the first ray of sunshine after a storm, bringing hope and warmth. However, we still need to remain cautious and patiently wait for a second, weaker wave of selling to confirm the bottom. This process is like searching for an exit in the dark, requiring us to stay alert and confident. Let’s look forward to the sun shining again and welcome the arrival of spring in the crypto world together!