This is BTC’s chart on daily time frame. It is making a double top, which is a reversal pattern, indicating market will get reverse from here. There was extreme hipe of BTC till February, and everyone was expecting a bullrun is about to be started.
Those who picked the double top pattern would be safe now, as we know it’s a reversal pattern. Same scenario happened back in 2021 when Bitcoin made a double top pattern at $67k level.