On June 11, 2026, Coindesk, a U.S. media outlet specializing in crypto assets, reported that Bitcoin had reached a “deep bear market valuation zone.” This suggests that the market is at an extremely low level.According to the article, two widely watched indicators are showing signs of “capitulation” (panic selling). However, the analyst who pointed out these indicators has warned that a “slow grind” (gradual decline) may follow.This may mean that the market will not recover immediately, but rather that a prolonged period of stagnation or gradual price declines will continue. In this article, we will explain the current state of the Bitcoin market as indicated by this report, as well as future developments, for Japanese working professionals.
Current State of the Bitcoin Market: Deep Bear Market Valuation Zone
Bitcoin is currently in a phase known as the “deep bear market valuation zone.” This is a market analysis term indicating that prices are at historically very low levels. Generally, this zone is often compared to past bottom ranges. It can also be interpreted as a situation where many market participants are sitting on losses.
Reaching such a valuation zone suggests that the market may be excessively oversold. However, this does not necessarily mean an immediate reversal. It is important to maintain a cautious perspective.
What Are the Signs of “Capitulation”?
According to a report by Coindesk, a U.S. media outlet specializing in crypto assets, two widely monitored indicators are showing signs of “capitulation” (a phenomenon where market participants dump their holdings and exit the market). Source
This phenomenon is often observed near market bottoms. When many investors can no longer withstand the pressure and finally decide to sell, prices temporarily plummet. Afterward, the market may stabilize.
Analysts Warn of a “Slow Decline”
However, the analysts who pointed out these indicators are warning that this capitulation will be followed by a “slow grind.” A slow grind refers to a state in which prices gradually decline or stagnate over time, rather than a sharp crash.This suggests that the market’s recovery will be slow, with a prolonged period of sideways movement or a gradual downward trend.
Looking at past market cycles, it often takes time to move from a market bottom to a full-fledged recovery. Therefore, we should avoid unwarranted optimism.
Future Market Developments and Points to Watch
Reaching the deep bear market assessment zone and signs of capitulation indicate that the market may be at a critical turning point. However, the “gradual decline” warned of by analysts means that while market volatility (the degree of price fluctuation) is decreasing, the market is unlikely to shift into a clear uptrend anytime soon.
Investors need to closely monitor market trends. It is essential to maintain a long-term perspective rather than being swayed by short-term price fluctuations. This is also a good opportunity to reassess one’s investment strategy.
The Importance of Information Gathering and Risk Management
In this market environment, making decisions based on data from reliable sources is essential. It is important to act based on objective facts rather than being swayed by emotions.
The crypto assets market continues to carry high risks. Therefore, when investing, it is important to carefully consider your options within the limits of your risk tolerance. Be sure to stay up to date with the latest information and strive to make calm, rational decisions.
[Source: Original Article]
Related Articles
* We are the official distributor of RedotPay in Japan.