The BTC price has broken below the multi-day uptrend and is now retesting for confirmation! On the daily chart, the price has effectively broken below the lower boundary of the ascending channel and the multi-day uptrend. The ascending channel structure has evolved into a weekly-level descending flag pattern, and the 5th wave of the unilateral downtrend has begun. After the daily price retest, it’s highly likely that the downtrend will continue. The price movement projection chart is ready—it's all in the script. See the chart below For logical analysis, check out: 《Friendly Reminder: Don’t Bottom Fish, Don’t Go Long, A Bigger Crash Is Coming!》 and 《This Is Not Fearmongering! BTC’s Bigger and Faster Crash Is Still Ahead!》.