The downward adjustment has not ended; the support has only broken through in time. Meanwhile, during the downward pullback, avoiding chasing long positions at high levels has already mitigated risk. Being able to timely turn bearish and follow the trend is even more a testament to one's strength.
Recently, the price of Bitcoin has been maintaining a fluctuating trend. During this period, there has been some decline, but the downward space has not fully opened up. Especially on Monday, after the price dropped, it encountered support, and technically, it did not perform well. Additionally, there are no data or events to guide the week, leading to a lack of upward momentum; hence, a pullback is only natural.