Definition ∞ The lowest point reached by an asset’s price during a particular market cycle or trend. This level often indicates strong support where selling pressure subsides and buying interest begins to assert itself. Identifying this point is a key aspect of technical analysis.
Context ∞ In digital asset markets, determining a definitive price floor can be challenging due to inherent volatility and the influence of various macroeconomic and sentiment-driven factors. Analysts continuously monitor trading volumes, network activity, and whale movements to identify potential reversal zones. The search for a reliable price floor is a constant endeavor for market participants seeking entry points or confirming market sentiment shifts.
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