This analysis focuses on a common pattern observed in the cryptocurrency market, where after a trend, the market tends to undergo a corrective phase. In recent days, we have seen both Buy Side and Sell Side actions, with the market aiming to capture opportunities on both ends.
The critical question is: Which direction will the market ultimately choose? Analyzing within the context of a bearish market trend, we should be prepared for bullish manipulations coupled with significant bearish movements.
This presents a corrective period for Bitcoin, and it's crucial to remain vigilant. Now is the time to exercise utmost attention to identify the buying point amidst these market conditions.