Matrixport: Bitcoin continues to decline, market sentiment remains cautious

Deep Tide TechFlow News, December 26th, Matrixport released the latest weekly report. Bitcoin has been on a continuous downtrend since mid-October 2025, and market sentiment is becoming more cautious. As the “four-year cycle” theory reemerges, most traders expect Bitcoin to remain under pressure in 2026.

Key Observation Points:

• In recent months, Bitcoin has been under continuous pressure in an environment of converging volatility, deleveraging, and lack of risk appetite.
• From derivatives, ETFs, and technical indicators, the market positioning structure has already changed.
• The largest Bitcoin options expiration in history is approaching, and the distribution of strike prices has become an important indicator for observing market pressure and opportunities.

Market Outlook:

• Year-end markets tend to be conservative, with a decline in risk appetite.
• After the New Year, as funds reallocate and risk budgets recover, market sentiment may accelerate its reversal.
• Technical structures show that downside momentum is gradually slowing, but no clear consensus on upward movement has formed.
• The market may shift from a “downside risk dominance” phase to a game stage of “limited downside, upward movement still needs catalysts.”

Currently, Bitcoin prices and weekly stochastic indicators show that the market may have entered an oversold zone, with the stochastic indicator dropping to 17%.