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BTC's recent trend is roughly in line with our expectations
It has retraced from above 82,000 to around 79,000
Now it's just a matter of whether this 79,000 will see a proper rebound
The key currently lies in the strength of the rebound
If the rebound momentum weakens and cannot effectively push higher
Then this round of rebound may come to an end
Once the rebound ends, it will enter a gradual downtrend channel
And as selling pressure continues to accumulate
It may eventually trigger a super crash market
Before the market truly hits bottom, it will experience repeated oscillations and trap-induced rallies
Only after a thorough bloodbath
With panic selling causing a sharp decline
Can the bearish momentum be effectively released
Laying the foundation for a true reversal #btc $BTC