“The worst phase of the correction is likely behind us,” — this was how analysts at CryptoQuant commented on the situation as the Bitcoin bull-bear cycle indicator entered the green zone. Moreover, this marks the first such occurrence since March 2023, signaling that the cryptocurrency market structure is beginning to recover.

As CryptoQuant stated — “This can be tracked through historical data: the indicator turned green in 2019 and again in early 2023 immediately following the most intense bear market stages.” In their view, moving out of bear territory into an early bull zone serves as a vital technical signal for investors expecting a resumption of long-term growth.

But analysts also specified that for a full transition to a new rally, Bitcoin needs to overcome the “exhaustion” currently visible in secondary metrics. At the moment, the digital asset’s price is holding around $80,500, attempting to consolidate above psychological resistance, while the market requires confirmation of sustained demand and liquidity inflow.