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Last week's significant pullback is expected to continue this week. The daily and weekly K-line cycles show a weak market, and the bearish forces are likely to continue testing the lower space. Please pay attention to risk control. #BTC‬# #Crypto#
[Price Trend Analysis]

K-line Formations:
Recent K-lines have shown a clear downward trend, especially with significant fluctuations on December 20 and December 21.

In the 4-hour cycle, the price quickly fell from 97054.7 to 94017.4, indicating strong selling pressure.

Technical Indicators:

MACD: In the 4-hour cycle, the MACD histogram remains negative and is gradually expanding, indicating enhanced bearish strength. On the daily level, both DIF and DEA are diverging downward, showing that the market is still in a weak state.