The BTC price is currently in a consolidation phase, with the bullish support band gradually shifting downward. When the two meet again, it could have a decisive impact on the market trend.
Whether this retracement can hold steady directly affects the future larger cycle's upward or downward movement. If it breaks down, it is obviously not good news for the bulls. We need to continue closely monitoring the performance in this area.
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The BTC price is currently in a consolidation phase, with the bullish support band gradually shifting downward. When the two meet again, it could have a decisive impact on the market trend.
Whether this retracement can hold steady directly affects the future larger cycle's upward or downward movement. If it breaks down, it is obviously not good news for the bulls. We need to continue closely monitoring the performance in this area.