Renowned analyst Willy Woo has indicated that Bitcoin's bear market trend is intensifying, posing challenges for long-term bulls. Woo highlights volatility as a crucial indicator for quant analysts to detect trends. He explains that a rapid surge in volatility signals the onset of a bear market for Bitcoin, and continued volatility increases suggest the bear trend is strengthening. According to Woo, the trend only begins to weaken when volatility peaks in the later stages of a bear market. Typically, smaller peaks in volatility occur at macro bottoms, reflecting market capitulation.