Bitcoin $BTC This wave is really a bit disappointing, failing to hold the high of 79k, and directly being pushed back near 76k with repeated struggles.

The daily chart has already broken below the 5-day and 10-day moving averages, clearly showing that the short-term bullish momentum is weakening, and the pressure from trapped positions at high levels doesn't look small.
In the past two days, the market hasn't shown a clear direction, staying flat without moving up or down, and the 24-hour volume hasn't picked up either, with bulls and bears both holding their breath.
Although the monthly chart doesn't look too bad, the risk of a short-term correction is visibly obvious. Don't listen to those who blindly shout about 80k; if your position is heavy, be cautious and don't rush in blindly.
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