When to buy the bottom? Virtual currencies such as Bitcoin have a strong dependence on the US stock market, and the US stock market is not bottoming out, making it difficult for Bitcoin and others to stabilize their prices. From the chart below, it can be seen that the monthly MA60 support of 15000 is very important, as it has experienced a major drop in the COVID-19 pandemic in 2020 and a major pullback in support in 2022. Therefore, a further drop of about 10% in the Nasdaq will be a good opportunity for both the US stock market and the cryptocurrency market to buy bottom and turn around. At the same time, it is recommended to place some orders at a low level in the cryptocurrency market. If there is a panic, it can make a big profit