BTC has currently fallen below the triangle convergence structure, and has not stopped its decline quickly since Monday. If the daily neckline continues to fall below, 25,000 will be more dangerous, and has already touched the lower boundary of the channel of this upward trend.

At present, there is a narrowing at the previous low, but there is no strong demand, and there is still a possibility of a rebound. However, the power of the bulls has been exhausted in the difference of 30,000. It is impossible to achieve the previous large V. At least it needs to stabilize sideways and then shrink before it is possible to discuss whether there is an opportunity to rise again. But whether it is BTC or ETH, the daily double top has appeared, and a large-scale short trend is basically inevitable.

Both Wednesday's CPI and Thursday's PPI will have large fluctuations in the market. Combined with the rise in U.S. bond yields and the rebound in dxy, there is a high probability that monetary policy will continue in the previous direction.