Bitcoin analyst Willy Woo: The current wave of selling pressure may be coming to an end, and the bear market could continue until early 2027

PANews reported on February 27 that bitcoin analyst Willy Woo tweeted that his on-chain and liquidity models indicate that the selling pressure from bitcoin investors seems to have been largely released. The price may consolidate sideways for about a month or even rebound to the mid-$70,000s, but will most likely face resistance. Woo stated that both spot and futures liquidity are currently bearish, and he has never seen a sustained rally when both sides are bearish at the same time. His "educational projection" suggests that the current bear market trend may end in the fourth quarter of this year, while real bullish momentum may not return until the first or second quarter of 2027. The typical bear market bottom range is around $45,000. If the global macro environment significantly weakens, $30,000 and $16,000 would be key support levels and the last lines of defense for maintaining the long-term bull market structure, respectively.