BTC's price didn't breach the current swing high, which is around the 25300 level, as can be seen from the chart. Meanwhile, the buyer's impetus is waning. There have been numerous wicks and consolidation candles, and the 25k price has been strongly rejected. Another confluence to trade short on in 1D tf is a bearish divergence in the MACD. I have no idea when it will rain, but as of right now, my convergence will be brief.
Comment:
It will decline, as I previously said, because it is responding to the MACD divergence that was observed. If it breaks the 4H low and the 21.4k low, I will continue to watch its price. If so, another dump will be shown.