Regarding BTC's overall trend, the bearish outlook remains unchanged


Yesterday, ETF outflows reached 270 million
The scale of capital outflow is relatively large
On the daily chart, a bearish engulfing candlestick pattern appears
The weekly chart is again constrained by the upward channel
We also provide a clear trading signal
The current trend is still in the top area
For the long term, it is still not recommended to chase longs
From the 4-hour cycle perspective
The bearish arrangement has already confirmed the trend without doubt
If the subsequent trend falls below 78,000
The decline speed will accelerate, and it is highly likely to drop toward 75,000
BTC0.02%
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