$BTC is about to start declining, possibly crashing!
Although I am trapped in this trade, I am not afraid at all. If the daily line stabilizes at 98000, I will cut my short position. I believe there will be a rapid decline in the coming days for the following reasons: 1. The M-top formed from November 2024 to February 2025 will not be easily broken; 2. There is a large amount of trapped selling pressure around 98000; 3. The rise that started on April 7 did not create a driving wave; 4. Tomorrow is the 34th day of the Fibonacci sequence, significant volatility is coming; 5. Every year in June and July, banks release their mid-year reports, funds will flow back, and risky assets will generally decline, this is the pattern. Let us wait and see.