If you have time in the crypto market or at least since January, there is a pattern I have seen that has been occurring, and it is as follows.
On Sundays, there are always significant movements of at least 2% to 3% in Bitcoin. This may be because short-term investors buy and sell within a week. They close to realize profits.
On Sundays that also coincide with the end of the month, the movement is more pronounced. Investors close positions to take profits, manage, and plan their next investment for the following month.
If you are trading futures, analyze with a cool head and without falling in love with the cryptos; emotions can make you lose everything.
Use stop loss on days with these characteristics to avoid significant losses of your capital or even your entire investment.
BTC on 1D, 1W, and 1M charts.
The price has risen for 8 days or more; the norm is a correction to at least 90K or 88K to seek support on the daily EMA, or it was a false rise to continue falling to the expected 69K or 59K.