TechFlow, on December 26, Matrixport released its latest weekly report, noting that Bitcoin has been in a continuous downtrend since mid-October 2025, with market sentiment turning cautious. As the "four-year cycle" theory resurfaces, most traders expect Bitcoin may remain under pressure through 2026.
Key Observations:
- Bitcoin has remained under pressure in recent months amid declining volatility, deleveraging, and lack of risk appetite
- Market positioning structure has shifted based on derivatives, ETFs, and technical indicators
- The largest Bitcoin options expiry in history is approaching, with strike price distribution becoming a key indicator for gauging market pressure and opportunities
Market Outlook:
- Markets typically turn conservative toward year-end as funding risk appetite declines
- After the new year, market sentiment may accelerate its reversal as capital reallocates and risk budgets recover
- Technical structure shows downside momentum marginally slowing, but no clear consensus for upside has formed yet
- The market may shift from "downside favored" to a phase of "limited downside, upside requiring catalysts"
Current Bitcoin price and weekly stochastic indicator suggest the market may have entered an oversold zone, with the stochastic indicator dropping to 17%.
Add to Favorites
Share to Social Media
