$BTC
The trend of the market last night was a bit funny. It was a small positive, so it pulled up, and then it went straight down. What logic, haha!
My judgment is that it is probably a wash-out technique. According to the current trend, the market has been rising and trading sideways for a while, and the volume has not been enough. Various indicators show a top divergence. Doing this today is just right to wash out the contracts that chase more and the longs that are not firm, and then the resistance to turning upward will be smaller.