$BTC

Bitcoin's price experienced another drop last night, initially touching the 94200 line before gradually stabilizing. This aligns with our previous prediction of shorting at the 97000 line, effectively releasing the bearish pressure.

As we enter a new day, the price rebound in the early hours seems feeble, currently maintaining around the 95700 line, and the overall market sentiment still reflects a weak oscillating trend. From recent movements, despite experiencing two days of corrective oscillation over the weekend, the bearish trend has not changed, and Bitcoin remains within a downward channel, with a narrowing range of fluctuations.

After consecutive daily candles closing in the red, the price highs continue to decline, and no significant signs of a stop-loss have appeared, indicating that the correction trend has not yet ended. In the short term, the market will maintain a weak pattern, displaying a slow downward rhythm. Although there may be intermittent rebounds during this period, it seems more like building momentum for the next decline.