In the cryptocurrency market, the price fluctuations of Bitcoin ($BTC ) always stir the hearts of investors. Recently, despite a slight increase in Bitcoin's price in the overnight market, this has not changed the overall bearish sentiment in the market. Some investors are skeptical about Bitcoin's short-term rise, believing that this increase lacks sustainability, and the bearish voices in the market remain strong.

In such market sentiment, some analysts suggest that investors remain calm and not be swayed by the short-term fluctuations of the market. They believe that although Bitcoin's price has rebounded, the overall trend of the market has not fundamentally changed. From a technical analysis perspective, Bitcoin's price is still significantly deviated from its 50-day moving average, and this deviation is considered abnormal, indicating that the price will eventually return to the average level.

Moreover, some bearish technical indicators have appeared in the market, such as vertical lines or clear bearish engulfing patterns that emerged after early gains, which are signs that the market may further decline. In this situation, some analysts advise investors to exercise caution, not to rush into buying, but rather to wait for clearer signals from the market.

Overall, despite a short-term rise in Bitcoin, the overall sentiment in the market remains cautious. Investors should maintain rationality in their operations, not be influenced by the short-term fluctuations of the market, but rather focus on the long-term trends and fundamental factors. In the current market, staying calm and patient may be a wiser choice.