Thank you very much for your professional icon instructions. The downward trend seems to be getting worse. The enthusiasm of the market has been drastically reduced.
I don't call this a "downward trend" unless price goes below $30k and stays there. Otherwise the actual "downward trend" only lasted about 10 days, 2 months ago and the trend that we had in the past 2 months is called "going sideways" which could be counted as an accumulation phase.
Consequently things aren't getting "worse" since as I said there hasn't been a downtrend to begin with.
I agree with you. Bitcoin is resting and accumulating power to rise better. This process is painful for short-term traders. Let them sell the chips when the price drops and buy them back when the price rises.