BTC Faces Short-term Pressure: Three Black Crows Pattern Combined with Shrinking Trading Volume Increases Downside Risk

Currently, the 1-hour candlestick chart shows a Three Black Crows pattern, accompanied by trading volume shrinking to 23.06% of the average level, indicating a significant increase in market selling pressure. According to the exclusive chip distribution data for members, the current price is below the strong resistance zone of 68,908-69,338 and lacks effective support, with strong downward momentum. The price has broken below the EMA24/52 moving averages, and the medium- to long-term trend is bearish. The KDJ death cross further confirms the bearish signal. If the price fails to break through the 68,908 resistance, it may accelerate its decline. Indicator recommendation: Activate membership to accurately capture resistance and support levels, and lock in profits ahead of the curve!Data sourced from PRO Membership [BTC/USDT, a certain exchange, 1-hour] candlestick chart, for reference only and does not constitute any investment advice.