The reason why #加密市场反弹 is turning bearish now is due to a comprehensive analysis of multiple factors, including market trends, time nodes, and fundamentals. Firstly, there is a clear sign of stagnation in the short term on the market, and we are currently at a pressure zone from a previous major cycle. Considering that the market has been rising for a considerable time, and the current performance shows some weakness, it is expected that the bullish phase is nearing its end. Additionally, interest rate hikes and tariffs have already been implemented, and short-term technical indicators also show bearish signals. Therefore, in summary, it is advisable not to excessively chase after the rise in the short term, but rather to consider turning bearish as the main strategy.