According to Golden Finance, 10X Research analyst Markus Thielen said: "The current time is not to buy on dips, because BTC may fall to the $73,000 range. He believes that the current situation is just like the speculative bubble of DeFI/NFT burst after the 2021 bull market. The Meme currency plummeted punished many related tokens. The structural decline in the market shows that fundamentals are weakening. Now is a time to be cautious rather than complacent. The next major (upward) trend will require a new narrative."