BTC has hit a second bottom, he said it's time to buy, is the price at?

Currently, BTC is fluctuating around $59000, and the market is still in a second bottoming out phase. The Panic Greed Index remains in the extreme fear zone, with continuous net outflows of ETF funds, and institutional risk appetite has not yet significantly recovered. However, from the perspective of fund flow, the market has begun to show structural differentiation, with BTC funds continuing to flow out while ETH maintains a net inflow. Relatively strong assets such as SOL have also received attention from funds, indicating that some funds have not left the cryptocurrency market, but are waiting for new opportunities for layout. From the perspective of the market, $59000 has become the most important support level in the short term. After multiple price rebounds, it has been accepted by spot buying, but the trading volume has not significantly increased, indicating that the market still lacks new capital to drive it. At the same time, BTC funding rates have turned positive again, indicating that some bears are beginning to take profits and there is a need for technical repair in the short term. However, before regaining a foothold above $60000, the current market tends to bottom out with volatility rather than a trend reversal. If $59000 falls, attention should still be paid to the support strength around $58000 below. It is worth noting that the founder of Liquid Capital, Yi Lihua, recently stated that the current Bitcoin decline may be approaching the last wave of correction in this cycle. He believes that further attention should be paid to the trend of the US stock market, changes in MicroStrategy holdings, and the Federal Reserve's interest rate policy, while being alert to possible black swan events at the end of the bear market. Based on the current high point of approximately 126000 US dollars, if there is a 60% retracement, the corresponding price would be around 51000 US dollars; If withdrawn by 66%, it corresponds to approximately $43000. Yi Lihua believes that the range of $51000 to $43000 is a key layout area worth paying attention to in this cycle, and July to August is expected to become a better configuration window in the coming years. Overall, the extreme fear sentiment combined with the market's second bottoming out indicates that the long-term allocation value is gradually emerging, but whether the bottom is ultimately confirmed still depends on the return of funds and the performance of key support levels. For medium - and long-term investors, they can pay attention to the phased layout opportunities in the $51000 to $43000 region; For short-term trading, it is still recommended to wait for the market direction to become clear before increasing positions, in order to avoid frequent chasing after gains and selling losses during periods of volatility. Risk Warning: The above content is only for market information sharing and data analysis, and does not constitute any investment advice.