Today, the selling of BTC led to the complete collapse of the copycat sector. After the Mentougou incident, the whole market rebounded and hit the downward trend line. The rebound was not as strong as expected and failed to break through the downward trend line to induce a bullish structure before collapsing. At present, the lower edge of the falling wedge is hitting the shadow line with heavy volume. Looking at the overall rebound strength, the overall trend is still in the upward trend channel of the large cycle.
