PANews reported on January 27 that Matrixport stated that since the bull market started at the end of 2022, Bitcoin has shown strong resilience, with 30-day price corrections rarely exceeding -10%, while monthly declines during bear markets are often as high as 30% or more. Last week, Bitcoin approached the -10% correction level, which is usually regarded as the bottom of consolidation in this bull market. In contrast, the +40% surge in March and November 2024 is considered an opportunity for profit-taking. Judging from the trend chart, Bitcoin is still in the bull market stage. If the trend continues, a -10% correction may be a strategic buying opportunity.