As mentioned, the main force defines the downward movement as consolidation.

●First, let's take a look at the previous article comparing the BTC trend:
1. A bit too much accumulation without a release, let's briefly mention it.
2. In the previous article, we waited for the European event on the 30th with USDT, and before 20:00, the event did not occur. It is also possible that the event is not related to USDT at all. Afterwards, we return to the key point mentioned earlier about building a low point two days prior.
3. The current downturn is surprisingly defined by the main force as a consolidating downturn. Amazing.
Given this, since there were artificial buyers on the 31st, it seems like they want to eliminate those artificial buyers from the 31st, which is why it has been consolidating until before the 2nd, and then on the 2nd, it will suppress the low point.
4. Just before 22:00, there was a deliberate shorting to eliminate tomorrow's artificial buyers, and at 22:00, retail investors started bottom fishing, followed by a gap down after the US stock market holiday, leading to a decline.

●Looking to the future:
1. The aforementioned downturn is defined as a consolidating downturn. It is also known that the important shorting low point will be on the 2nd. (Because after December 25th, the question we face is whether the strong support will be broken on the 2nd.)
2. Before the arrival of the 2nd, the downturn will consolidate until just before the 2nd, and the last low point for building a high point will not be too high.
However, the position of this last high point will pose the greatest risk for those who short afterwards. Because as long as the low point after the 2nd is not heavily suppressed, this shorting position will become a trap. Therefore, short sellers at the previous high point will wait until the low point is established to exit, making a lot of money if it crashes, and if it doesn't crash, the profits will already be secured.
$BTC