**[Opinion: Bitcoin Will Maintain Range-Bound Fluctuations in the Near Term, $75,000 is the Bull-Bear Dividing Line]** BlockBeats reported on December 2 that Derek Lim, Head of Research at cryptocurrency market maker Caladan, stated that Bitcoin is likely to continue fluctuating within a range, consolidating between $83,000 and $95,000. However, experts still insist that Bitcoin is currently in a bull market correction phase rather than having entered a bear market. Unlike the peak of the previous cycle, "we are not seeing widespread mania or excessive speculation." Additionally, analyst Tim Sun noted that Bitcoin is unlikely to enter a strong, one-way upward trend before the end of 2025. A more realistic scenario is "struggling to form a bottom." "As long as expectations for the Federal Reserve to adopt easing policies in 2026 are not completely dashed... this phase is more likely to be bottom consolidation rather than a new long-term bear market. However, if Bitcoin falls below $75,000, this prediction will become invalid and could lead to a deeper decline." (Decrypt)