Early morning Bitcoin, after completing a bottom-level correction, moved into an upward trend, but momentum gradually weakened during the push. Multiple attempts to break higher failed to produce a sustained rally, and the market subsequently entered a consolidation phase. As buying strength diminished, the market shifted from active upward movement to passive sideways trading, followed by a downward pullback, with the overall center of gravity beginning to shift lower. The rebounds during the pullback phase lacked continuity, often ending in a quick retreat after a brief rise, indicating a clear decline in bullish sentiment. Market mood has shifted from optimism to caution, currently in a phase of weakening after an upward move.

From the 4-hour chart perspective, the previous upward trend has already shown signs of loosening. After forming a temporary resistance at high levels, the price retreated into the previous trading range, with no new highs being made, showing signs of weakening structurally. The moving averages are gradually flattening and beginning to turn downward, indicating a trend shift from bullish to bearish is underway. Meanwhile, the 1-hour chart has already led the decline, forming a structure of lower highs and lower lows, exerting downward pressure on the 4-hour timeframe. In this multi-timeframe resonance with a bearish bias, the short-term trend is more likely to continue consolidating, so maintain a high-short strategy. #布伦特原油持续走强 $BTC