PlanB: BTC enters a bear market zone or dips to $55,000–$58,000, but this round may be a shallow bear market summary. Cryptocurrency analyst PlanB pointed out that Bitcoin's price has fallen back to 38% of its all-time high and entered a bear market zone. The current price is close to the 200-week moving average and realized price, indicating a retracement trend. Although momentum is weak, subsequent bear market pullbacks may be limited. Odaily Planet Daily News reports that crypto analyst PlanB posted on X platform that Bitcoin closed January at $78,635, down about 38% from its all-time high. The current Bitcoin 200-week moving average is around $58,000, the realized price is about $55,000 and trending downward; meanwhile, RSI has fallen below 50, entering the "bear market zone" as defined by his model. Historically, Bitcoin has a tendency to retrace to the 200-week moving average or near the realized price during bear markets. However, he also pointed out that the current bull market has relatively weak momentum and no strong top signals, so subsequent bear market retracements may be relatively limited.