Outlook on BTC

From the daily chart observation of btc, after breaking the new high, the Bollinger Bands have flattened at a high level, resulting in a range fluctuation between 112000-98000. Currently, the highs are continuously moving downwards, and the support levels below are being broken one by one. Based on my personal experience over the years, as long as there is no strong upward breakout to a new high, we will likely see a significant correction ahead. This pattern is also a signal of a transition from bullish to bearish, so this is a good time for long-term positioning. Friends who are interested can pay attention to this.