$BTC Further verification from the cyclical signal shows that the daily level has consecutively closed 4 bearish candles, and the weak trend continues; the 4-hour level also exhibits a weak downward trend, with short-term bulls showing no signs of any rebound momentum. The market lacks effective support forces, and the adjustment rhythm is very clear. In summary, the current market's adjustment logic is clear and discernible. Before the bulls provide an effective rebound signal (such as a significant breakout of key resistance levels or signs of upward turning in cyclical moving averages), we will continue to firmly maintain a bearish outlook in the short term, not allowing minor fluctuations to disrupt the established operational rhythm.