Yesterday, Bitcoin experienced a steady upward movement, reaching a high of around 89,500 in the evening. We simultaneously announced a current price control at . The subsequent pullback occurred as expected, with the price dropping to around 85,500, accumulating a 4,000-point control range. From the current market perspective, the daily rebound momentum of Bitcoin continues to weaken, with consecutive upper shadow candlesticks indicating market weakness in buying and insufficient liquidity. The bearish trend still dominates. On the four-hour chart, after the price touched the upper Bollinger Band and faced resistance, it fell back, then sharply plunged below the lower band support, further breaking through key support levels below. All moving averages are turning downward collectively, with a clear bearish alignment, indicating further downside potential. In terms of trading strategy, the main approach remains to short on rebounds at higher levels.