Definition ∞ A Local Bottom in financial markets signifies a temporary low point in an asset’s price within a shorter timeframe, often appearing amidst a broader downtrend or consolidation phase. It suggests a brief period where selling pressure subsides and buying interest may temporarily increase. Identifying a local bottom can be a component of short-term trading analysis.
Context ∞ Crypto news often references a Local Bottom when discussing short-term price movements or potential rebound opportunities for digital assets. It provides context for technical analysis and helps investors gauge immediate market sentiment and potential price reversals. Observing these points assists in understanding tactical market shifts.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
