Chinese Analysis Firm Comments on Bitcoin’s Current Situation – Bear Market or Bull Market?

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In its latest assessment of the Bitcoin market, cryptocurrency analytics company Matrixport stated that the on-chain structure has begun to recover following the stress seen in the last quarter of 2025.

According to the company, the outlook for the market is more constructive if prices remain above critical structural support levels.

Matrixport noted that various valuation and positioning indicators have stabilized, indicating that downside risks have diminished and the market is emerging from a fragile period rather than entering a new sharp decline.

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However, the analysis added that significant obstacles remain to the recovery. Limited new capital inflows and a lack of apparent urgency among long-term investors are limiting upward momentum. Matrixport stated that strong breakouts are unlikely to be sustainable without fresh money inflows into the market.

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In its overall assessment, the company noted that current conditions favor a measured and selective approach rather than taking an aggressive position.

*This is not investment advice.

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