The current downward adjustment has not yet ended, and breaking the support level is just a matter of time.
During the downward pullback, if there was no high-position chasing of long positions, a lot of risks have actually been avoided. If one can timely switch to short positions and go with the trend, it would better reflect the trader's capability.
Recently, the price of Bitcoin has been in a volatile range. Although there has been a certain decline, it has not completely broken through the downward space.
Especially on Monday, after the price fell, it found support, but the technical indicators did not show signs of a strong reversal.
Additionally, this week lacks significant data or events to drive the market, so the lack of upward momentum makes the pullback entirely foreseeable.
