#比特币价格走势 Q4 this wave of market conditions is indeed a bit tough. Bitcoin has fallen from the beginning of the year to now, with a cumulative decline of over 22% in Q4, possibly making it the worst fourth quarter since 2018. The data is right there, leaving no room for comfort.

What’s more heartbreaking is the quality of the rebound. Approaching $90,000 seems like a signal, but a closer look reveals it’s just a technical correction after a deep dip earlier, with insufficient momentum for funds to enter. The panic on social media isn’t fully there yet, and Santiment’s analysis points directly to the problem — when the true bottom arrives, people won’t be so optimistic about a reversal. Some still believe the decline will reverse in the short term, which precisely indicates that market sentiment is still not cool enough.

From a follow-trade perspective, this stage is a real test for traders. Forced liquidations, policy uncertainties, and weakening corporate buy-in effects are all suppressing risk assets. I’m observing some moderately aggressive traders; their current strategy has clearly shifted — not increasing positions to average down, but reducing holdings and raising stop-loss levels. That’s a smart move. If you’re also following the trend, I recommend not blindly copying accounts that are still leveraging against the trend, as that’s gambling on direction rather than trading.

Santiment suggests Bitcoin might still have about 14% downside potential, with more extreme predictions pointing to $65,000. This isn’t alarmist talk, but data-driven. Now, either wait for panic to fully release before stepping in, or honestly control your risks. Before the market bottom is confirmed, don’t think about bottom-fishing — that’s when it’s easiest to get caught on the wrong side.