The current trend of Bitcoin (4-hour chart) seems to have returned to a similar oscillation range pattern.

From a technical perspective, it indeed has a need to test downward and build strength at the bottom, possibly going through a wave of capital cleaning to clear some floating chips before accumulating strength for an upward move again.

However, from a macroeconomic perspective, it is also possible that due to some favorable news stimulus, it may behave unexpectedly like last time, directly making a surge without even going through the 'cleaning' step.