BTC Market Short-Term Commentary:

1) The price is currently experiencing a weak rebound, with bullish momentum decreasing at the four-hour level, showing a divergence between volume and price;

2) Yesterday, the net inflow of BTC from ETF institutions was 81 million, and the net inflow of ETH was 300 million; ETF funds still prefer ETH;

3) My personal expectation is that the price will rebound to 114,000 - 115,000, with a maximum rebound to 115,000; after the rebound ends, BTC will continue to decline and adjust;

4) Maintaining the forecast of BTC's target price decline to 93,800 - 100,000.