BTC is experiencing narrow fluctuations, but is likely to decline further!
1) Both the bulls and bears have weak trading volumes, and the pressure on the 1-axis of the descending channel is greater;
2) Looking at the trading volume, there is no indication that BTC will break out of the descending channel, and it is likely to continue to fluctuate widely and drop to the 0-axis, at least to the midpoint of the descending channel around 102,000;
3) Shorting BTC has a higher risk-reward ratio than going long, testing the resolve and faith of holding short positions at this time.
Patiently wait for Bitcoin to drop to the right level, first take profits on short positions, then enter to go long.