Bitcoin is fluctuating in contracts; it is still in a downward trend. However, due to institutions and micro strategies buying at night, it's hard to say how the market will open. If they make a move again, Bitcoin may not drop further.

However, the Federal Reserve has speeches this week, and if they are hawkish, it might drop further; if they are dovish, it may not drop.

Last time, Fed Chair Powell signaled that they would adjust monetary policy evaluation strategies, which actually hinted at the possibility of lowering interest rates, but they haven't lowered rates. Therefore, the likelihood of hawkish remarks this week is quite high.