$BTC Market Trend Analysis
Overall Trend: Fluctuating consolidation within a downward channel
Starting from the left side of the chart (around the 17th), the price gradually declined from its peak, forming a clear downtrend.
The brown dashed line indicates a clear downward channel, with the price moving within it, yet to effectively break above the upper boundary.
In recent days (28-31), the price has fluctuated in the range of 66,000-68,500, indicating that bullish and bearish forces are relatively balanced in the short term.
Short-term Trend: Rebound hindered, increased risk of co