DWF Labs: The crypto market is nearing the end of the bear market, with Bitcoin fluctuating around 15% up or down from the current price

Deep Tide TechFlow News, February 11: DWF Labs posted an analysis on social media stating that the cryptocurrency market is currently in the late-stage volatile phase of a bear market. Bitcoin has fallen back to around $67,000, liquidity has decreased, and leveraged positions are being liquidated. The correction at the beginning of this year peaked on February 6, with Bitcoin briefly reaching approximately $60,000, then rebounding to around $70,000. Earlier this year, Bitcoin spot ETFs experienced outflows of $2.9 billion within 12 trading days, and institutional investors failed to mitigate the market decline. Partner Andrei Grachev believes the crypto market is approaching a bottom, with Bitcoin prices likely to fluctuate within about 15% of the current level.

DWF Labs states that seasoned investors recognize that the end of a bear market is usually the worst phase, after which they quietly start accumulating. Some institutional investors are taking this opportunity to buy Bitcoin below $70,000. Meanwhile, venture capital firms are actively investing in infrastructure, physical asset tokenization, and long-term sustainable projects. Macroeconomic factors continue to dominate the trends in the crypto industry.