BTC Price Hovers Near $68,890, Sharpe Ratio in Bear-Market Zone, $48K Magnet Looms

Bitcoin's price is around $68,890, and the Sharpe Ratio has entered a historically bear-market zone, indicating elevated risk relative to returns. While this shift doesn't signal an immediate bottom, it highlights growing stress in the market. The BTC price chart reinforces a cautious outlook, with the next major retracement level near $48,000. Investors are weighing two approaches: gradually building exposure as risk metrics improve or waiting for confirmation before increasing allocation.