$BTC A large bearish candlestick with high volume has come down, indicating the start of a new four-hour downtrend, and this also continues the daily downtrend that began from 108000.
Next, the focus should be on whether there is any divergence in the four-hour downtrend around 90000; if so, it suggests a high probability that the daily downtrend will come to an end; alternatively, if there is significant volume at this point, a small to large trend reversal is likely.
The previous daily uptrend lasted for two months, and this daily pullback can be seen as a third buy position from the perspective of the theory of intertwined trends, lasting for a perfect month. Therefore, the likelihood of a bottom next week is very high, leaving some time to welcome the new administration in the U.S.