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#Gate广场四月发帖挑战 【Last chance for the bulls to escape, if it rebounds, run; there's no time to put on pants】
Yesterday, we discussed that Bitcoin is at the end of a converging triangle consolidation and contraction phase near the lower axis of the downward channel structure. The short-term direction will be decided soon, but the main trend remains downward. Today, it broke below that level, and next week, it will likely break through the 65,000 and 63,000 levels one after another, reaching 58,000-60,000.
Since breaking below 100,000 and confirming the start of a bear market, we have been consistently reminding everyone to look for shorting opportunities on rebounds. This is also a reminder to the bulls: a rebound is a chance to escape. Trading should follow the trend; do not hold onto false hopes.