PANews reported on May 25 that according to Cointelegraph, the current market trend of Bitcoin has shown some signs of fatigue after breaking through $110,000, and analysts predict that it may be about to enter the next bear market. Technical analysis shows that the current price fluctuations of Bitcoin are similar to the performance of multiple bear markets in the past, and the target price of the next round of market downturn is expected to be $69,000. Despite this, some market experts said that Bitcoin's long-term growth momentum remains strong, especially with the support of demand from decentralized finance (DeFi) and other application areas, and it may break through the current market pressure in the future.