Matrixport: Bitcoin's corrective rebound does not signal the start of a bull market.

Mars Finance reports that Matrixport released a daily analysis stating that Bitcoin's recent rapid rebound is, according to independent analyst Markus Thielen, a temporary correction after sentiment indicators fell to extreme levels, rather than a signal of a new bull market. A month ago, Bitcoin experienced a significant pullback after turning from strong to weak, which some investors attributed to early holders selling off, ignoring the substantial changes in position structure, leverage levels, and fund flows since the summer. The analysis suggests that the current market remains in a complex structural environment with weak risk appetite; such rebounds are typically rapid and large, and should be viewed as short-term trading opportunities rather than trend reversals.