Odaily Planet Daily reports: Matrixport posted on X, "After Bitcoin's price recently broke below the key level we highlighted in our report on October 31, 2025, the downward trend has been confirmed; the current magnitude and pace of the pullback are similar to those observed in previous cycle downturns. For investors, the focus has shifted from 'whether the trend has reversed' to 'when the next more attractive allocation window will arrive.'"
Around the阶段性 high point from late 2024 to October 2025, Bitcoin exhibited multiple characteristics indicative of the fifth bull cycle nearing its end, signaling a gradual weakening of bullish momentum; as the price fell below these key levels, this assessment was confirmed, marking the market's entry into the bear market confirmation phase.