I just checked the Bitcoin chart and see the price around $67,030 but unable to break through a key level. The 200-week EMA and the previous high before 2021 are acting as very strong resistance levels, causing any rebounds to be sold down. Buying pressure seems to be weakening as the main support cannot be maintained, which is an unoptimistic sign for those expecting the bear market to end soon.

Everything indicates that this market still carries risks. Many traders comment that the current bear market has lasted about 140 days, whereas previous cycles lasted up to 365 days, so claiming the bear market is over is premature. Moreover, the current decline is only about 53% from the October 2025 peak, while previous drops were nearly 80%. Monthly and weekly charts show no clear reversal signals yet.

Honestly, I am also cautious and not rushing to conclude that the bear market is over. We need to see a clear breakout signal from the 200-week EMA before expecting a trend change. Until then, it's better to stay prepared with a cautious mindset.