$BTC seems like the bear is stuck at the shoulder head shoulder. And the downward indicator on the daily frame. And has completed peak 1.

The RSI(6) index is still above 40, there is still an opportunity for a recovery near the peak. Such as (108,800-109,000)

But if the direction creates the second peak, BTC needs to create one more adjustment phase towards the stronger rebound zone.

The retracement area above the average or the trend reversal area.

So I still expect BTC to create the peak 2 before breaking down. Within this 6-7 period. And then it will adjust down after forming peak 2. The retracement level could reach 50% with peak 2 around (115k-120k) down to about 57,500 or 60,000.

This means that in the short term BTC is still in a sideways movement and may rebound around the resistance, possibly bouncing back to 107,800 but then will adjust to 100,000 or lower still around 95,000-99,000 and start forming peak 2 from here. It will happen in these months of June and July.

I hope the assessment will be accurate with max pain in June still around 95,000.

Therefore, the alt season should be maintained; if there is a decrease, let's DCA more.