The midday bearish outlook has once again taken hold. From a technical structure perspective, the market is still operating within a triangular oscillation range. During this period, both bulls and bears have shown lackluster performance, with poor continuity. Neither the upward breakout nor the downward breakdown has effectively materialized, leading to prices oscillating repeatedly within a relatively narrow range. From the analysis of the current pattern, the rebound is basically in a correction phase, with no obvious breakdown signs. In the short term, the market currently shows a slight stabilization trend. After this round of probing at low levels, there has been no significant extension space provided, so the short-term bearish outlook remains unchanged when prices rise, with reference points still around the upper range of 104000-104500. #比特币 $BTC