Matrixport: Bitcoin has fallen below the rising expansion wedge, beware of the risk of downward low trading volume

PANews February 25th news, Matrixport said that Bitcoin price has fallen below the rising expansion wedge pattern, which usually indicates downside risk unless the price rebounds quickly and returns to the wedge. There is a high possibility of further decline in Bitcoin, especially when this breakdown occurred during a period of trading downturn, with limited demand for buying on dips.

The report stressed that although Bitcoin price is expected to still have room for growth in the second half of 2025, this technical break has led to market sentiment becoming more cautious. Meanwhile, Ethereum also fell below the key support range of $2,600 to $2,800, further exacerbating market concerns.