Is BTC Confirming a Bear Market? Don't Panic, This Bear Market is 'Atypical'!

Many people are asking if the bull market is still on. From the candlestick structure, it has already deteriorated, but while BTC's price is falling, its market share has surprisingly broken below the long-term upward channel! This means that funds are not simply flowing back into Bitcoin for safety, but are seeking high-quality assets with real value creation capabilities.

Macro News and Data:

National Team Enters: The Central Bank of Kazakhstan is ready to use foreign exchange reserves to buy the dip.

Positive News from Japan: Tax reform (20% separate taxation) is expected to be realized, which will release huge liquidity.

Winners Take All: Nansen data shows that the top 6 public chains (such as SOL, TRX) have revenues 16 times that of the other 16. The bubble is bursting, but the framework is stronger!

Suki's Operational Suggestions:

Currently, BTC is in a downtrend channel, do not trade against the trend, as the previous rebounds have all ended in failure.

Spot Traders: Hold your hands! Patiently wait for the test of the lower edge of the channel.

Contract Traders: Short on rebounds. Pay attention to the resistance area of 90,000-92,000, and follow the trend.

A saying I learned recently, sharing with everyone - the market is about transferring money from the active to the patient.

This major reshuffle is not about speed, but about who can last longer!