Bitcoin's short-term rebound has essentially peaked, with subsequent upward momentum clearly weakening, and the bulls struggling to push higher. The market is once again entering a tug-of-war between bulls and bears, characterized by oscillation. Currently, the resistance at the high point is very clear, with around 81,500 being the key pressure level. You can directly set up a short position at this level, with the first short-term target at the support level of 80,500; stop-loss should be placed at 81,700.

As long as the market cannot effectively break above this defensive level, the overall pattern remains predominantly bearish, and there's no need to blindly chase long positions. The current main trend is very clear: the high-level resistance and decline trend are established. Be patient, hold your positions, and wait for the decline to realize profits.