Cryptocurrency analyst Willy Woo posted on X: "Short-term: Timing signals point to a 1-3 week bullish move. Mid-term: The supply-demand dynamics have been bearish since the April halving, but a potential reversal pattern may have started in the past 4 weeks (not yet confirmed). Bitcoin still needs more time to break its all-time high. Macro: Risk signals confirm a lower low, Bitcoin is not in a bear market, but in a re-accumulation pattern awaiting. Traditional Finance Risk: Bond yields are declining, which may be a bad omen for avoiding a potential collapse, past examples include the 2020 pandemic, the 2008 global financial crisis. In past instances, this would lead to a crash before a long-term liquidity-driven rebound across all asset classes."