$BTC The oscillating 📉 trend is something that does not need to be explained; everyone can see it. Let’s first look at the short term. The K-line is below the MA7 with reduced trading volume, indicating weak market momentum. However, the MACD shows early signs of a golden cross, suggesting that there may be some room for a slight rebound in the short term. Nonetheless, the downward pressure remains significant, so it is recommended for short-term traders to remain cautious. If the price approaches the lower boundary of the descending channel near 106500 and does not break below it, one might consider making light speculative trades, but strict stop-loss measures should be established. For medium to long-term traders, the current market is still in a consolidation phase, and the support area below has yet to be tested. It would be wise to wait for a clear breakout above the MA7 with noticeable volume before seeking participation opportunities. Overall, it is believed that the short-term trend is primarily downward, but there can be opportunities for waves.