[Matrixport: Bitcoin's corrective rebound does not signify the start of a bull market] According to a report by Jinse Finance, Matrixport released its daily analysis stating that Bitcoin's recent rapid rebound was a phase of correction after sentiment indicators fell to extreme levels, rather than a signal of a new bull market. Independent analyst Markus Thielen pointed out that a month ago, Bitcoin transitioned from strength to weakness, followed by a significant pullback. Some investors attributed this to early holders selling off, but overlooked substantial changes in holding structures, leverage levels, and capital flows since the summer. The analysis suggests that the current market remains in a complex structure with weak risk appetite. Such rebounds are typically fast-paced and large in magnitude and should be viewed as short-term trading opportunities rather than trend reversal points.