Recently, the price of BTC has been fluctuating, which is actually quite understandable. It indicates that although the current trend of BTC is downward, it has been tested multiple times at lower levels, showing that the expectations for BTC are still quite good. More testing or consolidation may be needed before the market can reopen.

President Trump's expectations have now been digested, and public sentiment indicates that everyone has absorbed this market situation. The old narrative regarding BTC has been mostly dealt with.

Now, a completely new narrative may be necessary for the market to perform well in the future.