BR/USDT trend has been as volatile as a roller coaster, forming a clear technical pattern after a retreat from the high point. The entire candlestick sequence exhibits a typical head and shoulders top feature—left shoulder rising, peak reaching high, right shoulder pulling back. Currently, it is in the stage of forming the right shoulder.

From a trend perspective, the bearish pattern has already taken shape. In the short term, the price still needs to find key support levels downward. The rebounds during this process are often excellent entry points for short positions. Market sentiment is weak, and bulls lack sustained momentum.

Regarding technical targets, the first stage looks at the lower band of the Bollinger Bands, positioned around 0.05. If this support is effectively broken, further downside exploration is expected. Although there are rebounds now, they are weak and lack sufficient strength to form a reliable reversal signal.

Overall, the bearish control of the market is clear, and the lack of rebound strength will gradually evolve into continued downward movement.