🚨 Market Risk Warning: The market appears to be entering a downtrend phase.

Two key factors contribute to this view.

📉 First, observations show $BTC is forming a lower low after its previous low. According to Dow Theory, this pattern often signals a continued decline.

🚫 Second, $BTC has repeatedly failed to break above the SonicR line. Following a fake breakout attempt, it was quickly pushed back down and is now trading near a critical lower boundary.

(BTCUSDT)