According to CoinMeta, analysts say that after a strong July, Bitcoin is currently experiencing a pullback, but the current decline may still be a correction rather than the beginning of a bear market. The seasonal rebound in July has occurred, with prices encountering resistance around $66,200. Historical data shows that July is usually the strongest month in bear market years, with an average increase of about 10%, while August is the weakest month. Bitcoin's support range is currently between $59,317 and $62,530, and analysis indicates that this support range was tested over the weekend. As long as the support holds, analysts believe that a rebound towards the resistance range of $69,000 to $72,000 is still a realistic possibility. If the support range is broken through, the next round of decline in the bear market could begin earlier than expected.