The price trend of BTC has indeed been disappointing recently. From a technical perspective, the current price action(PA) can be said to be one of the most disappointing performances in recent years—lacking clear trend confirmation, yet with volatility that is chaotic and unpredictable. Whether it's a rebound from support levels or a breakthrough of resistance levels, it all seems weak and feeble. This situation has left many technical traders confused, as traditional price behavior patterns seem to have become invalid. Perhaps we need to re-examine the market's microstructure, but for now, Bitcoin's short-term performance truly does not live up to its role as a market indicator.

BTC-0,89%
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ChainWanderingPoetvip
· 6h ago
The market is as shitty as shit, PA has become invalid, I'm already giving up on looking at charts.
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On-ChainDivervip
· 6h ago
This market trend has indeed been disappointing, and PA is a mess, no doubt. But to say that BTC doesn't deserve the position of a market indicator? Who else can now?
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ProposalDetectivevip
· 7h ago
After all that, it's still this mess. Where's the promised trendsetter?
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Fren_Not_Foodvip
· 7h ago
This wave of market movement is indeed disappointing, PA is completely illogical, and technical analysis has become entirely ineffective.
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Liquidated_Larryvip
· 7h ago
Oh no, it's the same zombie-like market again... PA has completely failed, it's really getting annoying.
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GateUser-0717ab66vip
· 7h ago
Wait a minute, this wave of BTC really can't be pushed up, feels a bit weak --- Is PA invalid? Then should we change our approach --- If we keep messing around like this in the short term, the trend indicator will also trip over itself --- I just don't understand, why are the support and resistance levels losing their strength --- Weak and powerless… so on point, it's frustrating --- Reconsider the microstructure? Seems like we have to wait for a major event to break through --- This round of market movement really confused technical traders, haha --- Lack of trend confirmation… let's wait and see, don't rush to catch the bottom --- Bitcoin right now… unworthy of the trend indicator position
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