According to ChainCatcher, renowned Bitcoin on-chain analyst PlanB has issued a new forecast: the probability of Bitcoin breaking below $61,000 exceeds 50%, and the likelihood of a deeper correction down to $53,000 also stands above 50%. This assessment implies that the market could face sustained selling pressure in the near term.
Crypto KOL Ginc Pic, referencing an automated trend indicator alert, noted that Bitcoin's three-day chart has entered a new downtrend, signaling the start of a fresh leg lower in the second half of the bear market. The indicator points to a potential bottom range between $42,000 and $44,000.
Similarly, 0xPickleCati, the all-time most profitable trader on the Binance Futures leaderboard, expressed extreme caution in his personal channel. He remarked, "Speak of the devil—never try to guess the bottom in a bear market. In a few months, you might find there is no bottom." The warning underscores the risks of premature bottom-fishing, as bear markets can extend beyond expectations without clear price floors.