The recent market correction has caused panic in many people, especially new investors, who have heard different voices in various community groups and are confused about the future.

How will the market go next? What are the initial signals of stopping the decline?

Since Powell's speech, today's market has been weaker than expected. Since it reached 90,000, it has experienced three rapid declines. Today's market is the fourth.

It can be said that the first three declines consumed a lot of buying, so there was not much buying on the market after this decline. Instead, there was a negative decline after sideways trading, which was equivalent to burying the bottom-fishing funds again. There is no large-scale fundamentals for Bitcoin, and institutions are also continuing to increase their holdings. It is expected to consolidate around 100,000. In the long run, it will continue to rise. The continued decline is also without volume, which can be regarded as continuing to consolidate in this range. All the rises must be consolidated before moving to the next step.