$BTC About a month ago I pointed out that we were likely approaching the distribution phase of this pattern. This turned out to be pretty accurate. Just like earlier in this bear market, BTC first formed an accumulation range before pushing higher and sweeping liquidity above the highs. Instead of a continuation to the upside, however, price transitioned into distribution and has since sold off more than 20%. What's interesting is that the previous distribution phase continued with significantly more downside after the initial breakdown. If the current structure continues to follow the same blueprint, it could suggest that there may still be additional downside ahead.

The midday high surged to 63,499 before pulling back, still facing resistance above. Multiple attempts to break higher touched the upper band but all closed with upper shadows and retreated. The upward momentum on the K-line is gradually weakening, indicating a weak oscillation pattern with limited upward strength; it’s a rally that lacks power. The hourly level only shows a brief oscillation correction, while the 4-hour chart firmly maintains a downward trend. The small-cycle rebound cannot change the larger downward trend. The 15-minute cycle shows more obvious fluctuations, with a quick pullback after the surge. The bulls lack the volume and momentum for a sustained breakout with a long bullish candle. The small rebound is only a correction without reversal strength. Do not blindly buy the dip at small bullish candles expecting a reversal; the core strategy remains to short on rallies. #美股AI概念股普涨 $BTC ‌$ETH ‌

This morning, Hangqing was once again taken advantage of by Sister Yue. Bitcoin easily gained 500 points, and Ethereum gained 22 points. Enter boldly when it's time, and exit boldly when it's time, without hesitation. There will always be people losing money, and there will always be people making money. Trust Sister Yue, I believe the one making money is you. $BTC $ETH #美股AI概念股普涨