BTC experienced a correction cycle of over 50 days in November last year.

Since February 6th, the correction has also lasted nearly 40 days.
A critical turning point window is expected in the next 1-2 weeks.
Compared to historical trends,
After multiple consolidations, the market has often broken down and continued to decline.
The current structure corresponds to historical patterns,
The market is most likely to move toward lower levels.
The overall main trend remains downward.
If a false breakout occurs,
It is highly likely to be followed by a genuine breakdown.
Main players may seize the opportunity to hunt for long stop-losses.
In terms of operation, focus on short positions near resistance levels.
If support is effectively broken, follow the trend and go short.
The market is far from the final shakeout,
The mid- to long-term accumulation phase with a true bottom,
Requires waiting until the bulls are completely desperate.
Only when the market is unanimously bearish will this occur.