After Bitcoin fell below 6W, the entire structure is a double-top trend on the daily line. The subsequent trend depends on whether it can rebound back to above 6W.
Otherwise, the overall market will have to continue to look for important support, or it will take a longer time to fluctuate before it can be resolved.
At present, the two most important supplies are the supply of Mentougou and the supply of the German government.
These two problems can only be solved by waiting patiently for the passage of time, and the current Bitcoin ETF still does not have too much good funds to enter the market to undertake these two supplies, so it is still necessary to wait patiently in the general direction.
It is also unknown when the interest rate cut that the market has been waiting for will come, so there is still uncertainty risk in about 2 months. However, as time goes by, the uncertainty factors will be gradually eliminated in the future.
