Crypto analyst Arndxt said that the market is currently at a bottom, sentiment is weak, and the market has shown signs of exhaustion. However, BTC holders should be optimistic as only 42 projects outperformed Bitcoin this year, 11 of which were memes. He expects the market to start gathering momentum by the end of September, and October will be a strong period for the crypto industry. With the upcoming Token Generation Event (TGE) and the emergence of truly valuable projects, the market may usher in new opportunities.