Analysts say Bitcoin may face downside risks in the short term

On February 18th, analyst Yashu Gola stated that both technical and on chain data point to short-term downside risks for Bitcoin. The daily chart of Bitcoin shows a "bear flag" pattern. If it falls below the lower limit of the flag, it may reach $56000 within February, a decrease of about 20% from the current level; If it breaks through the upper limit of $72700, it may overturn the bearish structure. On chain data shows that Bitcoin's "whale inflow ratio" (7-day average) has risen to a historic high of 0.619, indicating an increase in whale selling pressure. At the same time, the Greed and Fear Index releases potential "bottoming signals" and the possibility of a rebound is accumulating.