Trend Weakening / Momentum Decay AnalysisBitcoin / US DollarCOINBASE:BTCUSDTRW300BTC appears to be gradually losing bullish momentum based on its recent market structure. The price action is forming a repeating sequence of accumulation → range → continuation, but each impulsive leg is producing diminishing returns. First expansion: +3.85% Second expansion: +2.96% (−0.89% from prior move) Third expansion: +1.84% (−1.12% from prior move) This results in a total momentum decay of approximately −2.01% across the sequence of bullish legs. This consistent reduction in expansion strength suggests bullish exhaustion and weakening demand on each push higher. Implications: The next impulsive move is statistically likely to be weaker than previous legs. This increases the probability of a change of character (ChoCh) or transition into a broader range. Price can still rise; however, it may continue through gradual accumulation to the upside. This outcome is uncertain but remains a valid possibility.