$BTC

The following is a 200-word bearish comment on BTC:

Recently, Bitcoin's price seems strong, but it actually hides significant downside risks. On one hand, from a technical indicators perspective, such as the daily MACD and the 20-day moving average, the short-term momentum is negative, which is a clear bearish signal. On the other hand, there are many factors of market uncertainty, such as changes in regulatory policies and fluctuations in the macro economy, which could have a major impact on Bitcoin. Additionally, there has been a lot of profit-taking in the early stages, and investors are eager to cash out their profits. Once a large amount of selling occurs, Bitcoin's price will inevitably drop significantly. Therefore, considering various factors, Bitcoin's price is bearish in the short term, and investors should operate cautiously.