$BTC

The overall trend of Bitcoin is still upward, and the weekly trend is also upward. However, the appearance of a death cross in the KDJ indicates that the bears are gaining strength. The daily trend is downward, and an RSI of 30 indicates that there has been a lot of selling for profit. Although this price level has support, if it cannot hold, the bears will exert their strength again, and Bitcoin still has significant downward space. Therefore, those looking to enter the market should be cautious and consider entering in batches.