$BTC Complete review of the current BTC chart over the 4-hour cycle: the market has made three upward attempts toward the same resistance zone, yet each rally failed to achieve a valid breakout, with candles consistently printing long upper wicks before quickly succumbing to pressure and pulling back—sufficiently confirming heavy overhead supply and the continuous exhaustion of bullish momentum. As early as the price rally phase, I clearly laid out the bearish wave direction for this round. At this stage, the 61,000–61,500 zone remains the primary bearish target. Short-term minor bounces are merely temporary corrections during the downtrend. Blindly chasing longs at highs will only keep you trapped passively, and following the trend with short positions is the current mainline strategy.

Looking at changes in chart structure: the consolidation range that previously saw long-short battles, after an effective downside breakdown, has completed a polarity shift, fully transforming from a support into a strong resistance zone. Every subsequent bounce touching this area will attract heavy selling pressure.

Given the current bearish-dominated market environment, this downward move is divided into two wave targets: the first stage focuses on the 61,000–61,500 range; if that support is broken, the second stage target directly looks toward 59,500–60,200. The overall weak downtrend remains unchanged. Going against the trend and holding longs carries high risk. Only by closely following the bearish rhythm can you safely capture swing space.