Bitcoin has reversed its upward trend, entering a potentially bearish phase, according to analysis by Matrixport. Their latest report suggests the cryptocurrency is losing momentum, lacking substantial catalysts for a rally. This decline aligns with previous bear market cycles, as the report highlights dwindling fund inflows into exchange-traded funds (ETFs) and an increasing preference for risk aversion among investors, indicating a fragile market landscape. 2025’s trends mirror those seen in previous mini-bear periods, with indicators such as trend models and on-chain Blockchain analytics signaling declining momentum well before the recent price drop. Matrixport advises taking a disciplined approach to risk management by following reliable signals at this juncture.