Peter Brandt: The crypto market may have hit its true bottom in October, with prices likely to fluctuate upwards in the short term.

Peter Brandt, the renowned trader and chart analyst who successfully predicted the 2018 Bitcoin crash, stated that the Bitcoin market may not have reached its true bottom yet, suggesting that "the real bottom may not appear until October 2026." He previously predicted that Bitcoin could fall to the $60,000 area in the third quarter of 2026. On February 6th, Bitcoin briefly fell to around $62,700. Brandt believes that the price may fluctuate upwards in the short term, but could still fall back to the $50,000 high range within the year. Meanwhile, Arthur Hayes pointed out that Ethereum's price may continue to trade sideways in its current range until dollar liquidity improves. As of press time, Ethereum was trading at approximately $1,941, a drop of over 40% in the past 30 days. However, Michaël van de Poppe, founder of MN Trading Capital, believes that Ethereum is currently in an attractive entry point, emphasizing that stablecoin trading volume has increased by approximately 200% over the past 18 months. (Cointelegraph)