BTC remains in a narrow range of consolidation over the weekend, between 63,700 and 64,300. This morning, it experienced a slight dip and quickly recovered, but trading volume was extremely sluggish throughout. This upward move is not driven by bullish momentum; it is merely a passive correction caused by weekend market liquidity drying up and short-term traders taking a break. It is a volume-contraction-induced false rebound, not a trend reversal. Considering the three core variables of institutional funds, options settlement, and macroeconomic trends, the current market has a very high certainty of being bearish. The rebound this morning is only a return to the consolidation zone, so it’s advisable to remain bearish for the day.