Is Bitcoin really "bottoming out and rebounding" recently? There's still a lot of debate in the market.

Some believe that the price rebounding from lows to over $78k might indicate the most dangerous phase is over; but some analysts completely disagree.
Recently, analyst Maxi Trades offered a somewhat pessimistic view. He thinks Bitcoin is more like "pretending to be stable" now, and the real risk may not have been fully released yet, with another clear correction still on the way.
His core logic is based on historical trends. He compiled past similar oscillation ranges: Bitcoin usually consolidates within a range for about two to three months, then suddenly chooses a direction, and once the direction is clear, the volatility is significant.
For example, there was a time when it consolidated for 64 days and then rose about 14%, but there was also a case where it consolidated for 114 days and then dropped 27%, and even once after 77 days of fluctuation, it crashed 33%.
Currently, the situation is that it has been oscillating for over two months without a true "breakout in a specific direction."
Therefore, he believes that this time, the more concerning possibility is a downward breakout.
A more aggressive judgment is that if the market continues to weaken, Bitcoin could return to around $50k, with a decline of over 30% from current prices.
He also emphasizes a key point: although Bitcoin has fallen more than six months from its all-time high, there is still no sign of a typical "true bottoming structure," meaning the market may not have finished its final drop.
Of course, this is just a cautious prediction and does not guarantee it will happen. But it reflects the current real state of the market—
Prices are rebounding, but confidence hasn't fully returned; bulls and bears are testing each other, but no one has an absolute advantage.
So, Bitcoin now seems more like being stuck at a critical crossroads: whether to continue pushing upward or to test the bottom again. The answer may come in the coming period. $BTC