Bitcoin has already entered a strong unilateral downtrend on the four-hour chart. Although there has been a rebound, the momentum is weak, and the bulls' desire to reverse is firmly suppressed by the bears. The overall rhythm has shifted into a bearish control.

On the one-hour chart, the price has been stepping down in a ladder pattern to the lower band of the Bollinger Bands before stopping the decline and rebounding. Currently, a large bullish candle has pushed the price up to just below the upper band of the Bollinger Bands.

However, the selling pressure at the upper band remains strong, and the short-term volume increase by the bulls has not resulted in an effective breakout.

In the context of a generally weak market, a brief rally is not enough to change the current pattern. Therefore, the subsequent trading strategy is mainly to short after rebounds!$BTC