[Willy Woo: Rapid BTC Decline in Early Bear Market May Create Conditions for $85,000 Rebound] On-chain analyst Willy Woo posted on the X platform, stating that Bitcoin faces local resistance near $75,000. However, since mid-February, investor capital flows have been steadily recovering, and the stock market's expected volatility index (VIX) suggests that market sentiment may shift toward 'risk appetite' in the coming weeks. He noted that the rapid decline during the early stages of the Bitcoin bear market has created conditions in the current market environment for a price rebound to test around $85,000, though the market has not yet bottomed out. From a long-term liquidity perspective, Bitcoin remains in the mid-stage of a bear market. Historically, similar rapid declines are often followed by a period of sideways consolidation, with multiple tests of key resistance levels.