Deep Tide TechFlow News: On March 17, crypto analyst Willy Woo posted stating that the current fundamentals continue to show localized strength, with upside price space opening to the mid-range of $80,000, an area close to short-term holders' cost basis.

Willy Woo cautioned that the current rally is primarily driven by the futures market, with participants mainly being short-term buyers. This type of liquidity structure has inherent flaws that can easily trigger significant price fluctuations and trigger cascading liquidations. This rebound carries the risk of a bull trap, and the bottom structure has yet to be fully formed. From the current liquidity perspective, this bear market cycle is approximately one-third complete. Deep Tide TechFlow News, March 17,