From the daily perspective, BTC has shown three consecutive downtrends, and the market's downward momentum is evident, with bears coming on strong. Although there are occasional weak rebounds, the overall trend continues to decline, and the market remains sluggish.
Looking at the 4-hour chart, it shows a step-like oscillating downward pattern, clearly indicating that the bears are in control. Under such weakness, even if the bulls occasionally exert effort to rebound, it is difficult to reverse the overall downward trend.
Looking at the 4-hour chart, it shows a step-like oscillating downward pattern, clearly indicating that the bears are in control. Under such weakness, even if the bulls occasionally exert effort to rebound, it is difficult to reverse the overall downward trend.
