Willy Woo's latest post indicates that downward pressure in Bitcoin continues. Analyzing based on volatility indicators, Willy Woo says it's still too early to expect an upward trend. The analyst, who observes Bitcoin's tendency to enter a bear market during periods of rapidly increasing volatility, states that this signal is currently active. In other words, according to Willy Woo, it's still too early for a recovery. There is still downward pressure in the market, and it may be necessary to wait longer to see a change in this trend. In short, short-term hopes for a rise do not seem very realistic.

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