During this period, as US stocks plummeted, cryptocurrencies also followed the decline; during rebounds, they continued to move downward—it seems that Bitcoin's trend has decoupled from the broader market. Focus on recent changes in BTC's technical patterns.

Bitcoin opened with a long lower shadow and a bearish candle. Whether the subsequent rebound can be sustained or if it will continue to oscillate downward has become the focus. From a price perspective, after forming an M-top at 9.44, BTC began a correction, ultimately completing a head and shoulders correction near 9.15. This indicates that the bullish structure has been broken, and the market is now entering a phase of oscillating downward.

The key change is at the 9.15 level—originally yesterday's support, now turned into today's resistance, known as support-resistance flip. If you didn't go long at 9.15 on the left side yesterday, don't worry; there are still opportunities on the right side. As long as the candlestick body effectively breaks through this resistance and stabilizes, you can follow the trend to chase longs and buy the rebound, creating a V-shaped reversal. On the technical side, a small ascending triangle combined with a MACD golden cross appears simultaneously, which is a bullish signal.