PANews reported on February 1st that crypto analyst PlanB stated on the X platform that Bitcoin's price closed at $78,635 in January, a drop of approximately 38% from its all-time high. Currently, Bitcoin's 200-week moving average is around $58,000, while the realized price is around $55,000 and trending downwards. Simultaneously, the RSI has fallen below 50, entering its model's defined "bear market zone." PlanB pointed out that historically, Bitcoin has often fallen back to the 200-week moving average or near the realized price during bear markets. However, due to the relatively weak momentum of this bull market and the lack of strong top signals, future pullbacks may be relatively limited.