[BiyaPay Analyst: Bitcoin Monthly Chart Shows First Signs of Death Cross, Early Bear Market Signals Emerging] BlockBeats News, November 13: Bitcoin's monthly chart has revealed a critical signal. BiyaPay analysts pointed out that the BTC monthly MACD has shown signs of a death cross for the first time, which typically indicates the market is entering the 'early bear market' phase. Although the price remains above $100,000, the technical structure shows a clear slowdown in the monthly trend. The candlestick chart has broken below the short-term moving average, and the momentum bars continue to shrink, signaling weakening upward momentum. Analysts suggest that the current strategy should be to 'remain bearish but avoid shorting.' On one hand, the early bear market phase is often accompanied by repeated fluctuations, and blindly shorting may lead to sudden price surges. On the other hand, there are still unresolved medium- to long-term factors such as policy and liquidity variables, and the market has a demand for periodic rebounds. For investors, BiyaPay recommends strictly controlling position sizes and avoiding high-leverage operations. If participation is necessary, investors can diversify their portfolios by trading U.S. stocks, Hong Kong stocks, and futures via USDT on BiyaPay, and utilize zero-fee cryptocurrency spot contracts to manage risks more flexibly.