Bitcoin did not maintain stability with a drop of 71,000 dollars.

Bitcoin's Decline has Stopped

Bitcoin has stabilized around the $70,000 level after a sharp decline that saw it drop to around $60,000 last week. This development has led investors to interpret the price movement as a classic bear market relief rally. However, some analysts have emphasized that this situation does not indicate the beginning of a new upward trend.

Important Support Levels and Market Situation

At the same time, several factors that are concerning for investors are coming to attention. Analysts warn that the pressured market sentiment, heavy supply, and weak liquidity could lead to new tests at long-term support areas. In particular, the 200-week moving average and the $60,000 level stand out as critical support points for investors.

Recent trading data shows that the flight from risk in the markets has widened. It is observed that the trading volumes on leading exchange platforms have decreased by approximately 30% since late 2025, and the participation of individual investors has declined. This situation could trigger price fluctuations without a clear capitulation base.