In this wave of market, there are too many missed opportunities, and now at this position, many are afraid to get in. As a result, they start shorting the market. Currently, many people are shorting in hopes of betting on a significant drop like the one on May 19. Therefore, when the price declines in the short term, they are not eager to take profits, but rather greedily wait for an even bigger 'waterfall'. The problem is that the market frequently oscillates, not providing a straightforward decline, which causes people's mentality to collapse—while the direction is correct, the profits do not materialize in time.

Regarding the current trend of Bitcoin, if there is no strong breakthrough in the next few weeks and it maintains the current up-and-down structure, it is likely to consolidate for three to five weeks. However, don't be too pessimistic; this is actually a form of energy accumulation—if we can hold on, it is building momentum for the next phase.