On March 8th, analyst Willy Woo pointed out that Bitcoin faced resistance near $75,000, but since mid-February, capital flows have been recovering, and market sentiment may shift toward risk appetite. Although there is a short-term rebound opportunity, in the long term, Bitcoin remains in the mid-stage of a bear market and may experience sideways consolidation and test resistance levels.

On-chain analyst Willy Woo warns that Bitcoin may face a deep correction, with a target of $45,000. He points out that although there could be a short-term rebound to $75,000, weakening liquidity may suppress price volatility. He expects bearish momentum to weaken in 2026, with a potential rebound in 2027. There are differing opinions in the market, with some believing that the bottoming phase has already begun.

Bitcoin analyst Willy Woo stated that the selling pressure from investors has largely eased, and the Bitcoin price is expected to consolidate and possibly rebound to $70,000, but the probability of resistance is high. He believes the bear market may end in Q4, and the true bullish momentum will not return until 2027, while also highlighting key support levels.