#BTC

From the perspective of daily trends, the price has descended to the lower boundary support area, where it has paused. Although there has been a short-term rebound, its strength is relatively weak. From a long-term view, the bearish trend still has momentum, but there is a need for short-term correction.

Therefore, at this moment, it is not advisable to excessively pursue short positions to avoid hitting the floor, especially since we are currently at a 4-hour timeframe, where we can observe a rebound action. Arrangements should be made after the correction.