BlockBeats news, on August 25, according to BiyaPay analysts, Bitcoin has fallen back after high-position fluctuations, with news-driven pumps difficult to sustain, and the market has returned to being technically dominated. The weekly and daily charts are showing consecutive bearish lines, with prices continuing to be under pressure below the moving averages, and the indicators are in a death cross state, indicating a still bearish overall trend. Analysts remind to be wary of bull traps, as rebounds are merely technical corrections during the downtrend. The daily chart showed a small bearish line yesterday, continuing the consecutive bearish decline, with prices under pressure below the moving averages, and the indicators continuing in death cross, with the bearish pattern unchanged. The hourly chart shows a slight rebound to around 113700 after dipping in the early morning, but it has weakened again, with consecutive bearish movements and the indicators showing death cross once more. In the short term, further dips are still expected, but blind short positions are not advisable. BiyaPay multi-asset trading wallet will continue to provide you with one-stop services for global remittances, Digital Currency Trading, and investments in US and Hong Kong stocks, helping you seize opportunities in volatile markets.