From my perspective, it’s pretty straightforward. Everyone can take a look at my analysis and compare it with your own views. Judging from the current technical indicators, Bitcoin’s short-term trend has clearly weakened. 4-hour timeframe: The price has broken below the key moving average support, and the moving average system is arranged in a downward pattern. The MACD green histogram continues to expand, indicating that downward momentum is still being released. The Bollinger Bands are opening downward, with the price moving along the lower band. If it fails to effectively reclaim the Bollinger Bands midline, any rebound may be regarded as a bull trap, and there remains a risk of further decline to lower levels afterward. Bitcoin: Bearish within the 76400–77000 range, next downside targets at 75000–72500. #BTC Monthly Close: The strongest month of the year$BTC #BTC月线收官：年内最强月份