$BTC Key Characteristics of This Candle Pattern:

1. Small Body:

The candle features a small real body, which may be bullish (green/white) or bearish (red/black), indicating limited price movement between the open and close.

2. Long Upper Wick:

A prominent upper shadow suggests buyers initially drove the price higher, but sellers stepped in and pushed it back down, showing strong rejection of higher prices.

3. Little or No Lower Wick:

The candle has a minimal or absent lower shadow, meaning the price closed close to its opening level, further emphasizing the struggle between buyers and sellers.

This pattern often signals potential bearish reversals or market hesitation.