Definition ∞ A macro bottoming event refers to a long-term low point in the price of a digital asset or the broader cryptocurrency market. This significant market turning point often follows an extended period of decline and investor exhaustion. It is characterized by widespread selling and a subsequent stabilization before a new upward trend begins. Such events represent a fundamental shift in market cycle.
Context ∞ Identifying a macro bottoming event is a primary focus for long-term investors and is frequently discussed in crypto news as a potential signal for market recovery. These periods are often associated with significant on-chain activity shifts, indicating accumulation by astute market participants. News reports analyze various metrics to confirm the validity of such a bottom.