A review of the 5-year chart reveals a prevailing bear market sentiment. 📉

In the 2021 cycle, it took a full year from the $69,000 peak to confirm the $15,500 bottom. Assets lost nearly 80% of their value before significant buying demand emerged.

Presently, despite Bitcoin's peak of $126,000 in early 2025, we've only experienced six months of continuous decline. The current price of $67,000 represents approximately a 50% correction, which is relatively mild compared to past historical downtrends. 📊

The macro environment remains highly challenging. The oil crisis and geopolitical instability are global concerns, not confined to crypto. Large capital is hesitant, and economic conditions show no signs of immediate stabilization.

Therefore, forming a market bottom at this juncture is highly unlikely. It is more probable that the bear market will persist, requiring patience for deeper discounts and a longer confirmation phase. ⏳

(BTCUSDT)
(ETHUSDT)
(BNBUSDT)