$BTC The second phase of abandonment continues with a strong withdrawal phase, should we be happy or cautious in the next phase???

After BTC did not see any demand at the supply and demand test zone (LPS = 97.4k) in phase D, according to the inevitable law of supply and demand, when there is no demand, the supply will overwhelm, BTC will have 3 scenarios: 1 is to continue to move sideways at the 97.4k zone and 2 is to collapse and continue to abandon investors and 3 is to combine the above 2 scenarios to create both a depressed and panicked psychology for individual investors.

And unfortunately, scenario number 2 happened last night when BTC continued to force investors who held goods in the past period to continue to release goods to organizations.

And looking at the chart, we can see that in the second withdrawal phase last night, we can see that the volume is decreasing, which shows 2 things: 1 is that the supply is decreasing or the demand is decreasing in the market.

Let's analyze scenario number 1 when the demand is decreasing! When looking at the scenario of January 13, 2024, there will also be 2 strong withdrawal sessions with decreasing volume, then the organization completely eliminates investors with a strong push down from the withdrawal zone, creating both panic and discouragement in the 2 weeks before starting a new uptrend cycle. Therefore, at the current stage, if BTC continues to create an LPS phase like at 97.4k today without any demand, this scenario is extremely likely to happen and we have to wait at least until NOEL to have an uptrend again. As for scenario 2, the supply gradually decreases, so BTC today will have to create an LPS zone with low price fluctuations and low volume afterwards....