Recently making small gains like an ant, losing big like an elephant leg BTC currently has a 4-hour bearish engulfing candle If it continues for several 4-hour periods without breaking upward, it’s basically confirmed that the uptrend is over and a drop is coming. If the drop is strong, it might break below the 60k range. Of course, if this 4-hour bullish candle gets recovered, it’s basically aiming to clear the liquidity shorts near the previous high of 67,255. For now, we need to observe the recovery strength—watch more, act less.