The 1h downward trend line has been confirmed, but the potential wedge has not been confirmed. The price has a false breakout at the POC position and has retraced to the small support level of 69100.

A gentle downward wedge is generally considered a bullish pattern. If a double bottom with shrinking volume at the end does not break, the price will start to rise again after breaking through the upper edge of the wedge, with the target being the left high point.

But if it directly falls below the lower edge of the wedge and cannot stand back, the probability of a gate will increase greatly. $BTC