The overall trend of Bitcoin is still upward, and the weekly trend is also upward. However, the KDJ has formed a dead cross, indicating that bears are gaining strength. The daily trend is downward, and the RSI is at 30, indicating that there has been a lot of profit-taking. Although this price level has support, if it can't hold, and the bears exert more strength, Bitcoin still has considerable downward space. Therefore, those looking to enter the market should be cautious and consider entering in batches. The overall trend of Bitcoin is still upward, and the weekly trend is also upward. However, the KDJ has formed a dead cross, indicating that bears are gaining strength. The daily trend is downward, and the RSI is at 30, indicating that there has been a lot of profit-taking. Although this price level has support, if it can't hold, and the bears exert more strength, Bitcoin still has considerable downward space. Therefore, those looking to enter the market should be cautious and consider entering in batches.