Opinion: The market needs at least 40 more days to bottom out; optimistic about the outlook in December and Q1 next year

BlockBeats News, on October 16, Arete Capital partner McKenna stated that the market is currently in the process of forming a bottom, and it will take 40-60 days to establish (the bottom). All price actions within this interval are considered consolidation and shakeout.

"By mid-November, we should start to expect constructive results, and look forward to a positive December and the first quarter of 2026."