The big pie (Bitcoin) dropped after breaking through the short-term resistance level yesterday, which confirms my speculation and prediction.
You can see that the big pie is currently facing a severe lack of volume. With the recent drop in interest rate expectations, there isn't much significant news to affect the big pie's trend, except for Trump's remarks.
Therefore, the weekend should primarily see fluctuations. If by the end of Monday the weekly closing doesn't drop below 82,000, then the big pie will likely continue to rebound upwards, and this price may very probably break and stabilize at 85,000, with a high chance of reaching around 88,000.
However, there is still no reversal trend; it remains in a downward trend. From a larger perspective, it is still in a downward trajectory. Since the White House crypto summit, the crypto market has been severely lacking in funds. It’s advisable to keep an eye on the 81,200 position below, while the focus above should be on the area around 88,000.