Continuous pullback, bull trap ends. Market makers have already made mistakes leading to Get Liquidated and the speech by Trump has caused a big dump in the crypto world. I personally think that the rise on October 13 and today's fall have already turned the bull into a bear. Mainstream tokens and mainstream alts have gradually started to decline and show downward movement. The market can be continuously shorted #BTC #ETH .

The price has fallen below the psychological level of 3800, with moving averages showing a bearish arrangement and strong downward momentum. The U.S. Senate's DeFi regulatory proposal has intensified market concerns, leading to continuous outflows of on-chain funds. A short-term rebound requires first reclaiming the 3850-3900 region.
Rebound opportunity: The 4-hour RSI has entered the oversold zone, indicating a technical correction is needed. If a bullish engulfing or long lower shadow forms within the next 1-2 days, it may trigger a rebound to 3950.
The current price of 3728 is not suita