Yesterday, the big coin dropped to around 7500 but did not continue to decline. Currently, the big coin is still hovering around the 8000 position, and its recent trend appears somewhat flat. Although there have been fluctuations, they have not been too significant. The trend remains unchanged, and I continue to be optimistic about a downward movement.

From a technical analysis perspective, it is still in a downward channel. A breakthrough of 6500 is necessary to continue the decline. On the four-hour level, a triple bottom has formed, but there has been no continuation; it drops a bit and then rises again. On the daily chart, the Bollinger Bands are narrowing, and the direction will likely emerge in the next couple of days. The mid-line of the daily chart is precarious, and the overall trend continues to look downward.

Big coin trading suggestion: 118300 down

Target: 116500$BTC