A new week presents a small bearish candlestick pattern, and in the short term, this week is expected to fluctuate above 9W.

In fact, compared to past bull markets, the volatility last week was truly negligible. During previous bull markets, the price fluctuations were far greater than this, not to mention the scenarios of around 30% retracement.

This also reflects the changing direction of the market; in the future, the price volatility of Bitcoin is likely to only become more subdued.