Bitcoin has entered what analysts are calling a 'micro bear market' as recent market adjustments impact the cryptocurrency's performance. This development comes as on-chain data and capital flows indicate a shift in market dynamics, prompting investors to reassess risk management strategies. The analysis, provided by Matrixport, highlights the importance of understanding Bitcoin's cyclical nature and the current market conditions. The report suggests that while Bitcoin's price movements are experiencing a downturn, this phase is part of a broader cyclical pattern. Investors are advised to closely monitor on-chain metrics and capital movements to navigate this period effectively. The focus remains on strategic risk management to mitigate potential losses during this temporary market phase.