Consolidation is a buildup rather than an endpoint; repeated fluctuations are tests, not reversals. Stay focused on the right direction and remain patient—the market will eventually arrive! Currently, the short-term downward momentum is weak, with Bitcoin's overall volatility only a few hundred points. There is still room below for a decline, so be patient and wait.

In the market, the rebound strength is weak, and it is oscillating sideways in a weak manner. This is the rhythm of "long consolidation often leads to a fall." After sideways consolidation, a vertical breakdown is highly likely. Even if there are repeated pulls and pushes along the way, a substantial downward breakthrough later could open up significant downside space.

In the short-term trend, Bitcoin's rebound is weak and shows clear signs of weakness. Resistance above is heavy, and the bears are still in control. The intraday strategy focuses on rebounds facing resistance and then falling back and resuming downward movement. The main approach is to go short at high points and wait patiently for a pullback!