A death cross is still a death cross, and this time the selling pressure isn’t strong. The resistance above might really get pierced—don’t rush to open a short position yet.

Analysts point out that after BTC's STH-RP and TMMP form a death cross, short-term activity significantly declines, and the price is often suppressed. Unlike in the past, the slope of STH-RP is nearly zero, indicating weak selling pressure, and resistance above may be easier to break through; however, STH-RP still serves as a boundary of market sentiment. If the price remains below it, the future trend requires time to confirm.