If the previous upward breakout was real, the price may return to the upper area; however, it was later confirmed to be a false breakout, leading to a downward break and breaking through the key low point (which signals short position layouts).
Current observation: A massive volume has appeared at the stage bottom, indicating that 'whales' are active here (retail investors cannot generate such transaction volume).
Stage tops are often accompanied by good news, while bottoms are accompanied by extremely negative news (such as 'doomsday' panic), at which point large funds tend to operate in the opposite direction.
The daily chart shows that Bitcoin has not completely entered a downtrend, but attention should be paid to whether the previous high resistance level is broken. If further declines fill the gaps below, it may be more favorable for subsequent trends.
