BTC daily chart closed with higher trade volumes forming a spinning top, with heavy selling pressure above, showing short-term stagnation. The 4-hour chart is in a consolidation phase, and personally, I am more inclined to draw a downward door ( because the previous wave of market movement was a sudden pump due to news ), while the 1-hour chart is showing a converging triangle. The daily chart indicates a downward trend.
Still has not broken, the key focus above is whether the daily chart entity can hold above 97000. Otherwise, it will continue to dive deeper. The liquidity is low on weekends,
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