DWF Labs: The crypto market is nearing the end of the bear market, and Bitcoin may fluctuate around 15% from the current price

DWF Labs analyzed social media posts and concluded that the cryptocurrency market is currently in the volatility phase at the end of a bear market, with Bitcoin's price having fallen to around $67,000, liquidity decreasing, and leveraged positions being liquidated. The pullback at the beginning of this year peaked when Bitcoin briefly touched around $60,000, followed by a rebound to near $70,000. Earlier this year, Bitcoin spot ETFs saw outflows of $2.9 billion within 12 trading days, and institutional investors failed to alleviate the market decline.

The firm's partner, Andrei Grachev, believes that the crypto market is nearing the bottom, with Bitcoin's price likely to fluctuate around 15% from current levels. DWF Labs stated that seasoned investors recognize that the end of a bear market is often the worst phase, after which accumulation will quietly begin. Some institutional investors are taking this opportunity to buy Bitcoin below $70,000. Meanwhile, venture capital firms are actively investing in infrastructure, physical asset tokenization, and long-term sustainability projects. Macroeconomic factors continue to dominate the trends in the crypto industry.