The overnight Bitcoin has seen a rebound, but the strength of the rise is limited, and it has not broken through key resistance, still in a bearish downtrend. The rebound is still an opportunity to short; don't doubt it. The rebound strength is not strong, and ultimately it will still lead to a decline, so the outlook remains bearish!

From a four-hour structural perspective, after Bitcoin's downward movement and a long period of consolidation, it has shown a slight rebound, but the strength of the rise is limited, so the market still remains a bear's territory. The current rebound is a normal correction in the downward process! Although there was an overnight pullback, it still hasn't broken through the most critical resistance, so we maintain a bearish outlook unchanged today! #美国PPI数据来袭 $BTC