CryptoQuant Analyst Critiques 'Bottom Is In' Narrative on July 2, Urges Focus on Trend Confirmation

On July 2, CryptoQuant analyst Darkfost critiqued the recurring 'bottom is in' narrative in crypto markets, according to BlockBeats. Darkfost argued that technical bottoms are the lowest points of trend reversals that have already occurred, making it nearly impossible to time the exact entry. Rather than pursuing the lowest point, market participants should focus on position management within the bottom region and wait for trend confirmation, where bottoms can only be confirmed after a reversal is established.
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