The weekly level of $BTC is currently in a callback flag pattern after rising, and the next three trends are nothing more than these three trends:

1️⃣ It starts to rebound in the middle of the decline, which does not give the market the opportunity to buy bottoms at the support level of the lower track. This is also a relatively strong trend, indicating that the main force is still there, but it is difficult to judge whether the main force here is the main force that was around 20,000 yuan before, because In the process of this round of correction and decline, there is an opportunity to accumulate funds, and it may have changed hands to other main players;

2️⃣ Call back to the lower track of the trend channel or form a false breakout of the support level like the previous wave of 49000, and then start a rebound. Once a rebound occurs here, it will be very strong and will not give the market any chance to react, because of its own purpose It is just for the purpose of washing the market, and at the same time, if it falls below, it can also test the stability of the chips. Once it falls below, the market will follow suit, and then you will face the third situation;

3️⃣If it truly falls below the flag-shaped channel, the short-term market is basically over. What will happen next is an accelerated decline until it consolidates sideways, and then a bottom pattern begins to appear.

✨A striking feature of this round of market is that it rises sharply and then falls slowly. I mentioned a point in the previous article: the characteristic of retail investors is to chase the rise and kill the fall, so the market with higher participation by retail investors is characterized by a sharp rise. The reason for this round of sharp rise and slow fall is because the degree of institutional participation is higher than that of the previous bull market. This is the difference between the two.