#比特币市场分析 It seems that the Bitcoin market is once again experiencing turbulence. Glassnode's analysis shows that Bitcoin has fallen below the 0.75 cost benchmark percentile line, entering what is known as the "Bear Market" zone. As someone who has been observing the market for a long time, I believe this signal is worth noting. Historical experience indicates that regaining and maintaining above this level is crucial for restoring the bull run structure.

However, it is still too early to draw conclusions. The $95K-$97K area has become a new key resistance level. If it can be reclaimed, we might see the dawn of market structure recovery. But as it stands, the outlook is not optimistic: spot demand is weak, U.S. ETF funds are flowing out, institutional investors are on the sidelines, and leverage continues to decline.

In this case, I would advise copy traders to remain cautious and closely monitor market trends. It may be wise to diversify risks by selecting some traders who excel in defensive strategies for small follow-up trades. At the same time, one should also be mentally prepared for further market adjustments. After all, practice is the only standard for testing strategies; maintaining a calm mind and the ability to adapt is essential to standing firm in this uncertain market.