When Matrixport is falling, it says it will rise; when it is rising, it says it will fall. Anyway, saying it this way is definitely accurate, because if it rises a lot, it will fall, and if it falls a lot, it will rebound. 😁

According to BlockBeats, the latest weekly report from Matrixport shows that the likelihood of a decline in Bitcoin's technical indicators is increasing. The report points out that Bitcoin is currently trying to maintain the $90,000 price level. Although there has been a recent surge in trading volume, this is mainly due to funds flowing back from smaller cryptocurrencies to Bitcoin, rather than new funds entering the crypto market. It is noteworthy that if Bitcoin breaks through the $103,000 level, the trend will turn bullish. Currently, the greed and fear index is close to a reverse buy signal, and the 30-day rolling return is close to -10%, a level that typically signals that the downtrend may slow or reverse.