#BTC On the daily timeframe, the price broke below the 79,845 low, with the initial reaction occurring at the 77,569 support level. The second target of the bearish 2.618 pattern we have been tracking has now been reached. On the upside, we will now monitor the 81,982 peak; the decline may continue as long as there is no daily close above this level. The support levels to watch are 77,565, 74,892, and 73,354. Notably, the 74,892 level is significant on the daily chart; if the price holds above it, a recovery is possible. Even in the event of a recovery, a bearish head-and-shoulders (H&S) pattern could form at the top. The structure is not yet complete, so we will continue to monitor the price waves.