The cryptocurrency market at a crossroads: Bitcoin faces a micro-bearish cycle, and Matrixport analysts warn about key resistance levels

The analytical platform Matrixport recently shared its assessment of the current situation in the crypto market, noting that Bitcoin is now in a phase resembling historical micro-bearish cycles. This characteristic differs from classic long-term bear markets — a micro-bearish market is a short-term correction that can serve as both a warning and an opportunity for asset revaluation.

Bitcoin’s current dynamics are influenced by several factors. First, capital inflows into Bitcoin ETFs have noticeably slowed down, signaling a decrease in interest from both new and experienced traders. Many market participants are simultaneously reducing their positions, creating additional downward pressure on the price. Against this backdrop, the macroeconomic situation remains uncertain — current quotes fluctuate without clear short-term catalysts for upward movement.

From this point, Bitcoin’s trajectory largely depends on the decisions of the U.S. Federal Reserve. Even minor changes in the Fed’s monetary policy can play a decisive role in the further development of events. The market has slowed its pace, and it is now critically important to monitor key price levels and macroeconomic turning points.

Experts emphasize that these critical resistance levels and microeconomic triggers will essentially determine whether the decline continues or the market begins to form a bottom zone. In such an unstable environment, risk management and adherence to clear trading plans become the most important tools for investors and traders.