I just rechecked the BTC chart for this week and there's one thing I can't forget – the structure is already clear, and the current downtrend isn't surprising if you look at the 4-year cycle context. Besides that factor, I mainly follow the medium- and long-term price structures to determine which phase the market is in during the "decline and accumulation" process.

On the weekly timeframe, what I can't forget is that the lower highs have become quite evident since BTC failed to hold above the 70k+ zone. I warned you about this back then. Recent rebounds have all shown decreasing amplitude, and volume has weakened – clear signs that demand isn't strong enough to reverse immediately. Important support zones like 66k to 60k, once broken, have turned into resistance. The price consistently reacts weakly each time it retests these levels.

Looking at the weekly RSI, it has exited the overbought zone and is sliding back toward neutral – a typical sign of the early stage of a downtrend that traders can't forget. At the same time, the 50-week moving average is beginning to cross below the 100-week moving average, confirming a clear structural downtrend.

The question everyone wants to know is: when will it end? For me, the downtrend only truly ends when BTC stops making lower lows, forms a prolonged accumulation zone, and begins reclaiming major resistance levels with improved liquidity. Before that happens, the priority remains capital preservation, slow movement, and accepting that the market needs time to "cleanse" before entering a new cycle. That's something I can't forget when trading during this phase.