#美联储恢复降息节奏 BTC has officially entered a bear market. The rebound in October? It was essentially a carefully orchestrated bull trap. Many people believed the bull market was still ongoing; I myself was tempted and got caught up in the short-term price movement.

But in fact, the technical indicators had already issued warnings — the weekly MACD showed a clear bearish divergence, with prices moving higher while the indicator was declining. Such divergence often signals a trend reversal. The crypto market may appear chaotic and disorderly on the surface, but in reality, price movements follow their own logic and won't change direction just because of bullish or bearish sentiment.

Now, the bears have taken control. The October rebound? Just a small episode at the start of the bear market. Institutional funds are retreating, high-leverage positions are constantly being liquidated, and the overall market sentiment has completely shifted. Even if there is a short-term rebound later, it will be difficult to change the current downward trend.

$BTC $ETH