BIT: Currently, Bitcoin's various indicators are generally positive, but the upward momentum before entering the target range may still be disturbed by temporary risk factors.

ChainCatcher reports that BIT posted a tweet indicating that in the past two issues of the “Biton Target” report, we have suggested that Bitcoin’s bear market phase may be nearing its end. Signals across multiple timeframes are gradually resonating, supporting this judgment. When this conclusion was previously formed, Bitcoin was approaching the downward trend line established since the bear market began in October 2025, just one step away from a breakout to the upside. Meanwhile, the weekly stochastic oscillator has fallen back to its lowest levels since January 2023, a period when Bitcoin was near a cyclical bottom following the end of the 2021/2022 bear market. Based on historical experience, this indicator reading often corresponds to market bottoms.

Our Bitcoin trend model has turned bullish. Trend signals do not always materialize, but considering Bitcoin’s inherent strong trend and high volatility characteristics, and after two rapid reversals of previous signals, this current wave of movement has a higher likelihood of continuation. Additionally, Bitcoin’s price is gradually approaching the 21-week moving average, which plays a key dividing line in our bull-bear judgment framework.

The $73,000 level has been an important threshold since March 2024 and is a critical barrier for confirming a trend reversal. Recently, Bitcoin has been oscillating around $70,000. If it can effectively break through and stabilize above $73,000, the reversal signal will be further confirmed. Overall, various indicators are currently leaning positive, but before the price enters this target zone, the upward momentum may still be disturbed by temporary risk factors, so vigilance is required.