The current trend of Bitcoin should be nearing the end of the bull market, and a major crash is imminent. The following points are key to watch:
1. The U.S. presidential election has concluded, and Trump's popularity has also faded; related Trump-themed coins are rapidly declining, such as trump, maga, people, etc.;
2. The price of $90,000 has reached or even exceeded the expectations of the bulls, so it's time to take profits while the retail investors are rushing in;
3. The current market situation is extremely similar to that of 2021, where all positive news has been released, and with all good news out, it becomes bad news, a significant drop could begin at any moment!
4. From the candlestick analysis, there have been many instances of retracing to the hourly moving average line, indicating that a bearish trend has basically formed.