Matrixport: Bitcoin enters a "micro bear market," with the market at a critical turning point

ChainCatcher news, Matrixport released a market view stating that bitcoin has entered a bear market phase. The recent trend shows similarities with historical "micro bear market" phases across multiple dimensions. In such a market environment, it is especially important to remain sensitive to key signals and to strictly implement risk management.

In terms of capital and macro factors, ETF inflows have slowed, both early and experienced funds are reducing their positions, and there is a lack of short-term macro catalysts. The subsequent trend still largely depends on the future policy direction of the Federal Reserve. Currently, the market is at a critical turning point, and several important structural price levels and macro triggers will determine whether the market will continue to decline or enter a bottoming phase.