2026-02-14 20:55:39

The market is a game of patience right now.

In a bear market, the key is to take your time. Unlike bull markets, where reversals happen quickly, bearish phases last for months and don't end abruptly.

Looking at the bigger picture, rather than just daily fluctuations, the picture remains weak. Despite some positive ETF days, the cumulative net flow over the last 10 trading days remains negative (around -18,000 BTC). This means there's no sustainable demand yet.

A reversal doesn't start with a single strong day, but with a systematic return of capital to the market. Until that happens, upward movements look more like noise within a bear market.

BTC has been in its current drawdown for over four months, having lost more than 50% from its October peak. This isn't unique by BTC standards. But when a drawdown exceeds 100 days, history shows that recovery usually takes months, and sometimes years, not weeks.

$BTC
{spot}(BTCUSDT)

BTC0,79%

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