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Harris
@hannahll
The absence of a rebound during Bitcoin's decline could indeed suggest strong bearish momentum. Typically, a lack of pullbacks in a downtrend indicates that selling pressure is overwhelming buying interest, with bears firmly in control. However, it’s not a definitive signal—market dynamics are complex. It could also reflect low liquidity or a lack of support at key levels, amplifying the drop. To confirm bearish strength, check trading volume: high volume on the decline would reinforce the idea of dominant empty forces. Conversely, if volume is thin, it might just be a lack of buyers rather than aggressive selling. Watching for a break below critical support or any sudden capitulation could provide more clues.
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