Deep Tide TechFlow News, January 16, According to the latest weekly report from Matrix on Target, after experiencing phased pressure at the end of 2025, on-chain structures of Bitcoin have shown signs of improvement. Multiple valuation and holding indicators are stabilizing, market risks have contracted compared to earlier periods, indicating that Bitcoin may be emerging from a fragile phase. Analysts maintain a cautiously bullish tactical outlook but point out that the current recovery still faces two major constraints: insufficient inflow of incremental funds and limited willingness of long-term holders to increase their holdings. The report recommends that investors should remain cautious, select investment opportunities carefully, and wait for clearer confirmation from fund flow and on-chain profit level indicators before increasing risk exposure.