bears

According to Catcher Predict monitoring, in the Polymarket event "Bears vs. Seahawks," the "Bears" option in the sub-market "3Q Spread -7.5" has experienced significant fluctuations in winning probability, soaring from 8.5% an hour ago to the current 35% (a fluctuation of 26.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the Polymarket event "Patriots vs. Bears," the "Patriots" option in the sub-market "2H Spread -6.5" has experienced significant fluctuations in winning probability, dropping sharply from 52.5% an hour ago to the current 36% (a fluctuation of 16.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, the predicted market on Polymarket for the "Bears vs. Packers" event shows that the "Bears" option in the sub-market "Bears vs. Packers" has experienced a sharp fluctuation in winning probability, dropping from 51.5% an hour ago to the current 24.5% (a fluctuation of 27%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the "Jets vs. Bears" event on the Polymarket, the "Jets" option in the sub-market "1H Spread -14.5" has experienced dramatic fluctuations in winning probability, soaring from 5.75% an hour ago to the current 46.35% (a fluctuation of 40.6%). Please note the impact of related breaking news.

According to Catcher Predict monitoring on-chain data, it predicts significant capital movements in the market Polymarket. A large whale invested $107,897.47 in a single transaction for "Spread -3.5" during the "Eagles vs. Bears" event. Based on the current transaction price, the latest corresponding winning probability for this target is 52%.

According to Catcher Predict monitoring, the "Eagles vs. Bears" event is currently among the hottest trades on the prediction market Polymarket, with a total pool size reaching 3.5668 million dollars. The option with the highest market consensus is "O/U 24.5," corresponding to a winning probability of approximately 92.5%.

According to Catcher Predict monitoring on-chain data, it predicts significant capital movements in the Polymarket. A large whale invested $145,752.78 in the "Eagles vs. Bears" event, targeting the "Eagles vs. Bears" market. Based on the current transaction price, the latest corresponding winning probability for this target is 66.19%.

According to Catcher Predict monitoring, in the "Eagles vs. Bears" event on the Polymarket, the "Bears" option in the sub-market "1H Spread -13.5" has experienced significant fluctuations in winning probability, soaring from 6.5% an hour ago to the current 24% (a fluctuation of 17.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, the predicted market on Polymarket for the "Vikings vs. Bears" event shows that the "Vikings" option in the sub-market "1H Spread -17.5" has experienced severe fluctuations in winning probability, dropping from 46.5% an hour ago to the current 31.5% (a fluctuation of 15%). Please note the impact of relevant breaking news.

According to Catcher Predict monitoring, in the Polymarket event "Dota 2 Summer Bears vs. Ducks," the "Yes" option for the sub-market "Both Defeat Roshan" has experienced a significant fluctuation in win rate, soaring from 38.5% an hour ago to the current 55% (a fluctuation of 16.5%). Please note the impact of related breaking news.

According to Glassnode data, around $63,000 is becoming an important support and battle zone for Bitcoin (BTC) in the current market. Bitcoin has been oscillating between $60,000 and $67,000 in recent weeks, with over 3% of the circulating supply of BTC, approximately 515,000 BTC, having a cost basis concentrated around $63,000; additionally, over 362,000 BTC is concentrated in the $61,000 region.Glassnode points out that currently, only the supply density in the $78,000 to $82,000 range is higher than this area, which corresponds to Bitcoin's peak in May. Furthermore, the current price of Bitcoin nearly coincides with the 200-week moving average. Glassnode data shows that the 200-week moving average is currently around $63,657, while the BTC price is about $63,822, indicating a significant historical accumulation and strong cost support in this area.From the 30-day Accumulation Trend Score, all types of investors are currently in a net accumulation state, with retail buying pressure being the most evident; at the same time, whale addresses holding over 1,000 BTC are also continuously increasing their positions, indicating that long-term capital is still being deployed. The $63,000 area has become a key price zone in Bitcoin's short-term market structure, and investor accumulation behavior may provide important references for subsequent trends.

According to CoinDesk, Bitcoin is currently fluctuating around $70,000, and the overall performance of the cryptocurrency market remains resilient. Meanwhile, mainstream crypto assets like Ethereum, XRP, and Solana are also relatively stable. The key for the market in the short term is whether Bitcoin can hold the important support level of $70,000.This position has now become a dividing line for bulls and bears and has been defended multiple times by "bottom-fishing funds." If it effectively breaks down, the price volatility of Bitcoin may increase due to thin liquidity below. However, if it can stabilize, the market is expected to quickly recover stability. Some viewpoints suggest that with support from capital flows and macro factors, Bitcoin still has the potential to rise to $88,000.Overall, although Bitcoin's price performance is solid, speculative behavior and negative events may suppress market risk appetite in the short term.

According to Cointelegraph, Bitcoin rose about 2% in March, ending a consecutive five-month decline, marking the first positive turn after the longest consecutive decline since 2018, with the market focusing on trend reversal signals. Historical data shows that similar rebounds often accompany strong recoveries after several months of decline.In 2019, there was an approximately 300% increase after consecutive declines, and some analysts believe that this round may have found a temporary bottom around the $60,000 mark. However, seasonal patterns indicate discrepancies in April's performance: since 2013, April has mostly seen gains, but in recent years, after a rise in March, the probability of a decline in April has increased, leaving short-term direction uncertain.In terms of price, BTC is currently trading around $68,000, with a key resistance zone between $69,000 and $70,000 above. Further up, attention is on the supply zone between $70,000 and $72,000. If it breaks through effectively, it may test $76,000 or even $80,000; conversely, if it faces pressure, the market may continue its oscillating pattern.

A typical case was recently disclosed by the Zhangqiao District Court in Jinan City, Shandong Province, China: Liu entrusted his friend Zhang to invest in "Alpha Coin," with the platform showing daily earnings of hundreds of yuan. After the investment, the platform became inaccessible, and Zhang informed Liu that the platform's person in charge had been filed for criminal charges. Liu sued Zhang for the return of the investment.After hearing the case, the court concluded: investing in virtual currency disrupts financial order and endangers financial security; therefore, the entrusted contract in this case is invalid. Zhang did not profit from the entrusted action, and the investment loss is a risk associated with engaging in illegal financial activities, which should be borne by Liu. The judge reminded that the announcement by seven departments in 2017 and the notice by ten departments in 2021 clearly state that activities related to virtual currency are illegal financial activities, and investment losses are not protected by law. Even if operated by others on behalf of someone, as long as the essence is participating in virtual currency trading, it is also not protected by law.

Cryptanalysis expert Murphy stated, "Using 10y_RP as the historical average turnover cost of Bitcoin is more effective for judging market sentiment. When the price approaches 10y_RP (around $64,500), it often nears the psychological limit of the market. BTC has repeatedly fallen below this level and then regained it, showing a strong resistance willingness from bulls at this sensitive price point, unlike the rapid decline seen when approaching STH-RP previously.The current greatest uncertainty in the market still comes from the geopolitical conflict between the U.S. and Iran. As key events unfold, attention should be paid to the scope and duration of the conflict and its impact on oil prices. However, at least over the weekend, with a lack of significant participation from institutions and market makers, the bearish forces are insufficient to push BTC quickly below the $60,000 mark. This judgment still needs to be further validated after the U.S. stock market opens next week. If the trend is confirmed, the previous analysis logic regarding "how far this rebound can go" and key resistance levels will still hold."

CryptoQuant analysis indicates that Bitcoin's current price is hovering in the $62,000 - $68,000 range, with the funding rate in the futures market remaining in negative territory, suggesting that bearish sentiment is dominating the market. This is different from the previous bottom around $80,000, where the funding rate mostly stayed positive.Since 2025, the dominant force in the market has been selling pressure, with buy orders only used to absorb supply. The current selling pressure has reached its highest level in three months. Notably, the futures market has maintained a high leverage state for 16 consecutive months, and excessive leverage has been decreasing since Bitcoin's last historical peak. Analysts point out that while the price drop has forced some investors to liquidate, it has actually improved the market's leverage health, which is a positive signal in the long run.