From the analysis of Bitcoin's volume and price:
From August 3 to August 14, when the price was rising, the trading volume was noticeably higher than that of the period from July 8 to July 14, but still far less compared to April, indicating a significant decrease in buying interest.
Moreover, after breaking through the high point of July 14, the rapid rise followed by a pullback further indicates that buying interest cannot keep up.
From the trend line perspective, Bitcoin has been rising along the short-term trend line, and once it breaks below this line, it may start to enter a downward trend. $BTC $ETH