Key Insights:
- Top analyst says the crypto market currently faces immense manipulation designed to draw liquidity from both sides before the next major move.
- Bitcoin trades within a short and selling zone, suggesting that current price levels are more favorable for short positions than for fresh longs.
- Every push higher into the $116.5K region (a liquidity target) is less about recovery and more about manipulation.
One of the analyses that captures the current market’s bearishness is the one shared by crypto analyst Doctor Profit. According to the analyst, the market currently faces immense manipulation designed to draw liquidity from both sides before the next major move.
Each rally looks promising at first glance, but as the chart shows, these short-term bounces only serve the purpose of luring eager bulls and trapping late bears.
Market Makers Are Liquidating Both Bulls and Bears
Market makers use liquidity zones, marked in green and red, to trigger liquidations and refill their positions. The pattern repeats itself relentlessly, a brief surge, followed by a sharp drop, sweeping out leveraged traders from both directions.
Doctor Profit describes the current market as engineered to exhaust traders before any significant trend shift occurs.
Every push higher into the $116.5K region (a liquidity target) is less about recovery and more about manipulation. This setup generates liquidity before driving prices lower again.
Until the liquidity games end, the path remains bearish. And as Doctor Profit warns, education and patience are the only shields traders have in a market built to deceive.
The Most Bearish Crypto Markets Charts According to Top Analyst
The Bitcoin dominance chart ($BTC.D) is flashing one of its most concerning technical signals in years, according to crypto analyst CryptoSkull.
On the monthly timeframe, there is a long-term descending triangle pattern stretching all the way back to 2017.
Each rally attempt has formed a lower high, showing a steady loss of dominance over time and the latest rejection from the trendline only strengthens that pattern.
The chart also highlights a bearish MACD cross forming at the bottom, a signal that often precedes extended downside moves in dominance.
This technical setup suggests that Bitcoin could soon lose market share to altcoins, continuing the pattern that has defined previous market cycles.
Moreover, trading volume has picked up in recent months, adding weight to this latest rejection.
The combination of structural resistance, momentum loss, and the bearish crossover shows Bitcoin dominance may be entering a new leg down.
If this breakdown confirms, the next logical target sits around the 40% region, a level that aligns with historical support zones.
This could indeed be the most bearish chart in crypto right now, especially if the trendline resistance continues to hold and momentum remains negative in the coming months.
Nothing To Be Bullish About Right Now, Says Expert
In another update, Doctor Profit insisted his long-standing bearish stance on Bitcoin, highlighting that “there is nothing to remain bullish in this market.”
According to his analysis, the structure remains firmly within a downward phase. A phase that began right after Bitcoin touched the $125,000 peak, where he initially shared this broader roadmap.
Bitcoin is now trading within a short and selling zone, suggesting that current price levels are more favorable for short positions than for fresh longs.
The market’s momentum has weakened, with consistent rejections near resistance levels confirming bearish control.
Looking ahead, Doctor Profit anticipates continued downside through the end of the year. This phase appears to be a slow grind lower, marked by volatility and manipulative price moves that, as he notes, “serve only the bears and my own shorts.”
His projection points toward a significant capitulation event in 2026, a point of potential market exhaustion where sellers may finally reach their peak.
However, beyond that capitulation, the roadmap suggests the possibility of a strong rebound, which also likely represents the next accumulation phase in Bitcoin’s long-term cycle.