From any perspective, Bitcoin ($BTC) is in a bearish consolidation pattern.
Bitcoin is still waiting for its decision and direction, but it should be soon. The price range is narrowing.
Will it definitely fall? Not necessarily. Is it likely to fall? Yes.
This aligns with the principle that "trends tend to continue."
What is the probability of a break below? 60%. (This is my estimate.)
If Bitcoin falls (as the current bearish continuation pattern suggests), altcoins (ALT) will fall further. From a market sentiment perspective, this would be a moment of true despair, helplessness, and utter surrender.
This could also mark a local bottom for the next few months. The subsequent rebound could be quite substantial.
Perhaps the sooner we end the decline, the sooner we can expect a strong rebound. A direct rise from here is also acceptable, but given the continuation of the downtrend, this seems less likely.