Matrixport: Bitcoin has entered a bear market phase, data shows market momentum is weakening

According to Foresight News, Matrixport tweeted, "Bitcoin has clearly entered a bear market stage, and our indicators have turned bearish before the current decline began. Data shows that market momentum has weakened and there is a lack of catalysts to support a sustained rebound. Bitcoin prices have fallen significantly from warning levels. This round of correction is in line with the trajectory of previous "mini bear markets", during which rigorous risk management and respect for key signals are crucial. With ETFs Capital inflows have slowed, established investors have reduced their positions, and the macro environment lacks immediate catalysts. The future trend is still highly dependent on the upcoming policy decision of the Federal Reserve. The current market is at a critical turning point, and several important structural support levels and macro triggers will determine whether the subsequent trend will continue the decline or enter a bottoming stage. "

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