According to a bitcoin magazine article by the foreign media, bitcoin is currently at the bear market stage, similar to the early forms of previous cycles. On this basis, the article suggests that markets may not necessarily continue to go down the pessimistic expectations, but may show signs of a shift in strength in the follow-up phase.
Periodically near historical samples
According to the article, Bear City does not always fall linearly. Bitcoin has, on many occasions in the past, moved towards a new upswing after a decline in mood and volatility. According to the authors, the current market structure is comparable to these stages.
Market sentiment is still cautious.
It is mentioned that investors still maintain a defensive stance against short-term trends, but this caution may in itself mean that pressure is weakening. The article does not refer to this as a definitive conclusion, but rather as a common market feature before the post-market transition.
Follow-up attention to prices and liquidity
The article concluded by emphasizing that, if Bitcoin continued to maintain inter-district organization, the market might reassess the location of the current cycle. In the author ' s view, what really determines the course is the subsequent price performance and changes in financial flows.