In a research report, Goldman Sachs analyst James Yaro stated that the decline in Bitcoin and the crypto market has roughly reached the historical average level between the peak and trough of this cycle. In recent weeks, Bitcoin and crypto-related stocks have shown volatile but relatively stable performance. However, Yaro warned that trading volume may decline further, and in a low-volume environment, Bitcoin prices are prone to sharp fluctuations, making any rebound unsustainable. He pointed out that trading volume typically bottoms out and only shows a significant recovery after about three months. If trading volume declines further, crypto company revenue could decrease by 2% and profits by 4% in 2026. Goldman Sachs currently maintains a "buy" rating on Robinhood, Figure Technologies, and Coinbase, all three companies whose stock prices have fallen at least 50% from their all-time highs. Yaro stated that digital asset-related assets are presenting increasingly attractive entry points. Last month, Goldman Sachs CEO David Solomon revealed at the World Liberty Forum hosted by Trump in Mar-a-Lago, Florida, that he holds a small amount of Bitcoin, a shift from his 2024 stance. This week, Bitcoin prices fell back to around $60,000. David Morrison, senior market analyst at Trade Nation, pointed out that Bitcoin had previously encountered resistance and fallen back around $72,000. Currently, the daily MACD indicator is flattening at a neutral level, and the short-term trend remains unclear.