Based on the current market situation, in the four-hour chart, the coin price first dipped below a strong support level, then experienced a five consecutive bullish candles for a strong rebound. Afterwards, it quickly fell back with three consecutive bearish candles, returning near the midline. Over the weekend, due to news influences, the coin price remained quite volatile. From a larger timeframe perspective, the coin price has been oscillating around the 65,000 level repeatedly. On the four-hour chart, the bullish momentum of the MACD is gradually weakening, and the three lines of the KDJ are also converging. It is likely that the coin price will continue to decline further. The shorter hourly chart shows a more obvious pattern: after a series of bullish candles, a bearish engulfing pattern appeared, causing the price to drop below the midline. Currently, the MACD bearish momentum is strengthening, indicating that the overall trend is dominated by bears. Therefore, we continue to maintain a bearish outlook; after a rebound, follow the high short strategy for trading. $BTC