$BTC

Although it is currently experiencing a decline, if viewed from the daily timeframe, it is still in an uptrend condition and is now in a pullback phase.

If it can bounce around the price range of 101 - 102, then the uptrend will continue. But if it fails and breaks the support at the price of 101k, there will be a market shift structure or a change in trend direction to downtrend.

(The yellow line below is the uptrend support line on the weekly timeframe, you can check it yourself 😁)

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