Over the past month, analysts have increasingly positioned Bitcoin in an ongoing bear market. However, five key data points show the market is going through a mid-cycle reset after the sharp rally to record highs in late 2025. On-chain and ETF data now show the selling wave is losing force. Instead of long-term investors exiting, the data points to late buyers being flushed out while stronger holders absorb supply. This matters because mid-cycle resets often mark the transition from panic selling to accu ...

Photo by BeInCrypto Bitcoin is holding above $88,000–$90,000 as of December 22, but the market structure beneath the price looks increasingly fragile. Recent volatility, thinning liquidity, and fading demand have raised concerns that crypto may be transitioning from a late bull phase into an early bear market heading into January 2026.  Several on-chain and market-structure indicators now point in the same direction. None of these signals confirms a full bear market on their own. Together, however, they ...