An effective Bitcoin deep bear signal

From the quarterly candlestick perspective, Bitcoin is a typical Evening Star pattern, which is also a classic trend reversal signal. The appearance of the Evening Star at the quarterly candlestick level clearly indicates the transition signal between bull and bear cycles.

From the perspective of volume and price relationship, the trading volume of the right-side bearish candlestick is significantly greater than that of the left-side bullish candlestick, indicating that selling pressure has clearly overwhelmed buying pressure. This volume-price performance further strengthens the credibility of the trend reversal.

Therefore, the likelihood of Bitcoin further experiencing a deep decline is much higher than that of an increase, and the possibility of Bitcoin being in a deep bear market is also significantly higher than that of a shallow bear market.