Foresight News 消息，Matrixport 发布每日图表分析称，加密货币市场总市值从 2023 年底的略超 1 万亿美元稳步攀升至 2025 年近 3.9 万亿美元的峰值，反映出市场结构更加强劲且趋于成熟。每次盘整都维持在前一轮周期高点之上，表明机构参与度更深且持仓更加健康。即使在最近回调至 3 万亿美元附近，整体趋势仍然积极，逐步抬高的低点构成了坚实的基础。一旦宏观逆风缓解，市场格局有利于迎来另一轮有意义的上涨阶段。

<p>Foresight News 消息，Matrixport 发布每日图表分析称，加密货币市场总市值从 2023 年底的略超 1 万亿美元稳步攀升至 2025 年近 3.9 万亿美元的峰值，反映出市场结构更加强劲且趋于成熟。每次盘整都维持在前一轮周期高点之上，表明机构参与度更深且持仓更加健康。即使在最近回调至 3 万亿美元附近，整体趋势仍然积极，逐步抬高的低点构成了坚实的基础。一旦宏观逆风缓解，市场格局有利于迎来另一轮有意义的上涨阶段。</p>

Matrixport：机构参与度提升推动加密市场健康发展，整体趋势仍然积极

According to Foresight News , Matrixport released a daily chart analysis stating that the total market capitalization of the cryptocurrency market has steadily climbed from slightly over $1 trillion at the end of 2023 to a peak of nearly $3.9 trillion in 2025, reflecting a stronger and more mature market structure. Each consolidation has remained above the previous cycle high, indicating deeper institutional participation and healthier positioning. Even with the recent pullback to around $3 trillion, the overall trend remains positive, with progressively higher lows forming a solid foundation. Once macroeconomic headwinds ease, the market structure is conducive to another meaningful upward phase.

<p>According to Foresight News , Matrixport released a daily chart analysis stating that the total market capitalization of the cryptocurrency market has steadily climbed from slightly over $1 trillion at the end of 2023 to a peak of nearly $3.9 trillion in 2025, reflecting a stronger and more mature market structure. Each consolidation has remained above the previous cycle high, indicating deeper institutional participation and healthier positioning. Even with the recent pullback to around $3 trillion, the overall trend remains positive, with progressively higher lows forming a solid foundation. Once macroeconomic headwinds ease, the market structure is conducive to another meaningful upward phase.</p>

Matrixport: Increased institutional participation is driving the healthy development of the crypto market; the overall trend remains positive.

The Pi Network community is raising the alarm about a new scam that has emerged, resulting in millions of Pi Token being stolen from users' wallets.
This scam exploits the payment request feature...

Pi Network has temporarily suspended payment requests after being scammed out of 4.4 million Pi coins.

The charts speak for themselves, and market sentiment has shifted accordingly. As 2025 draws to a close, we must face reality: Bitcoin has officially entered a bear market.

For months, traders and analysts have debated whether the price action was merely a consolidation phase or a deeper correction. Now, confirmation signals have arrived, not only in price but also in on-chain data, reversals in capital flows, and the convergence of fragmented market structures. While the term "bear market" often triggers panic, understanding the mechanisms behind this downturn is the first step to navigating this difficult period successfully.

This in-depth analysis will break down the factors defining the current landscape at the end of 2025...

Bitcoin has officially entered a bear market: On-chain evidence, fund flows, and how investors can profit.

There is no eternal winter or summer in crypto; survival is the only narrative.