The reason why #BTC重返10万 is currently turning bearish is due to a comprehensive analysis of multiple factors including market trends, time points, and fundamentals. Firstly, there is a clear sign of stagnation in the short term on the market, and we have reached the pressure zone of the previous larger cycle. Considering that the market has been rising continuously for a considerable time, and now it shows some weakness in going up, it is expected that the bullish phase is nearing its end. Furthermore, interest rate hikes and tariffs have already been implemented, and technical indicators have also shown short-term bearish signals. Therefore, considering the overall situation, it is not advisable to excessively chase the rise in the short term; it may be more prudent to turn bearish as the main strategy.