During its recent rise, Bitcoin has gone through a weak pull-up phase: the bullish candlesticks are short, and the upward movement has been cautious. In fact, this is a mid-term rebound within a bear market. The price still lacks a bullish narrative. There are no fresh arguments or market-economic structure driving the price to climb further. As a result, the daily chart shows a stall, with relatively strong “wait-and-see” sentiment in the market. Meanwhile, on the weekly chart, the price has also touched the downward channel of the MA30 and been suppressed there. At this moment, the structure is very similar to the weekly rebound peak suppression pattern seen at the end of March 2022. Based on this, it is judged that the BTC price is now at risk of further top formation followed by consecutive declines. The price may start a new round of consecutive downturns. It is recommended to enter medium- to long-term short positions, with entry suggested at 81,000-81,500 USD, adding positions at 83,000, setting a stop-loss at 84,000 USD, and targeting 74,000, 71,000, and 66,000 USD.