I'll be straightforward about the current daily chart situation of Bitcoin:

Right now, the MA25 on the daily chart hasn't broken below, and the price hasn't even touched this line, indicating that the short-term bulls can still hold.

It's currently after 10 PM, and the daily candle hasn't closed yet, so we can't say the decline has stopped; we need to wait for the close to confirm.

Another key point: the daily MA99 is at the 71804 level, which is still quite far from the current price.

Once the MA25 can't hold, there's a high probability that it will dip down later, but not immediately; it will gradually weaken and test this level during the process.

To see a strong upward trend, the following conditions must be met: the 7-day moving average first crosses above the 25-day moving average, then the price must break above the 99-day moving average; only when all three moving averages are aligned in a bullish manner does the trend truly start.

If tomorrow's daily close drops directly below the MA25, then the 7-day and 25-day moving averages will immediately form a death cross, and the price will fall in line toward the MA99, around 71,800.

After that, a deep V-shaped rebound could occur, then break through 88,000 to 90,000, completing a pattern: death cross decline → retest of moving averages → rebound forming a V-shaped reversal.

If this pattern unfolds, Bitcoin won't have a major short-term rally; overall, it will remain volatile sideways.

Another possibility: the retest of the MA25 holds, and the price rebounds directly.
This would be a second attempt at a peak.

Why call it a second peak? Because there hasn't been a significant decline correction; the bullish momentum hasn't been fully released, so even if there's a rebound, it's unlikely to lead to a big bull run immediately—only a second push to a new high.