Deep Tide TechFlow News：On March 17, crypto analyst Willy Woo published a post stating that the current fundamentals continue to show localized strength, with the price upside opening to the mid-range of $80,000, an area close to the cost basis of short-term holders' positions.

Willy Woo cautioned that the current rally is primarily driven by the futures market, with participants consisting mainly of short-term buyers. This type of liquidity structure has inherent flaws that can easily trigger significant price volatility and trigger cascading liquidations. This rebound carries the risk of a bull trap, and the bottom structure has not yet completed formation. From the perspective of current liquidity, the current bear market cycle is approximately one-third complete.