#大户持仓变化 Bitcoin technicals hit a wall, clear bearish signals

The flag pattern consolidation previously predicted indeed indicates a continuation of the decline — last night it broke through the channel bottom directly. More importantly, the monthly chart also broke below the midline support, which means the short-term downward momentum may continue to intensify.

From the chart, $BTC currently lacks obvious signs of stabilization; the key area to watch below is the 87,000-87,500 price range. If this level also fails to hold, the subsequent correction space will open further.

The current approach remains bearish — let the bullets fly for a while and see how far the bears can go. Until a reversal signal appears on the technicals, there's no rush to bottom fish.