Recent research indicates that Bitcoin’s network is facing congestion, leading to longer confirmation times and increased transaction fees. This has sparked concerns about the potential impact on short-term market dynamics, but experts are cautiously optimistic about a possible rebound if support levels hold above $110,000. While key industry figures remain silent about the current situation, analysts like Rachel Lin from SynFutures offer valuable insights. According to Lin, sustained interest in Bitcoin ETFs, driven by market volatility, could see a price rebound of 10-20% if support remains above $110,000. This trend aligns with recent institutional inflows into Bitcoin ETFs observed in October. The increased congestion is likely impacting operations and transaction times as industry stakeholders adjust to the evolving network dynamics. Notably, this congestion mirrors historical trends and parallels past market adjustments, offering a source of optimism for investors if support levels remain strong. While potential price rebounds are expected, these challenges also highlight the importance of vigilant fee management strategies to facilitate more predictable transaction processing.