Svmuu News According to on-chain analyst Willy Woo's post on platform X, despite Bitcoin encountering local resistance around $75,000, investor capital inflows have been steadily recovering since mid-February. Concurrently, the stock market's expected volatility indicator, VIX, is hinting that market sentiment may shift towards "risk-on" in the coming weeks. Willy Woo pointed out that Bitcoin's decline in the early stage of this bear market phase was "too rapid." The current market environment is creating conditions for the price to rebound and test around $85,000 (the cost price for short-term investors), but this does not mean the market has bottomed out. From a long-term liquidity perspective, Bitcoin is still in the middle phase of the bear market. Historically, after similar rapid declines, prices typically undergo a period of sideways consolidation and test key resistance levels multiple times during the rebound process.