Time flies, and it's Friday again. It's the last chance. Will you sprint or give up? Of course, the former! The continuous upward trend has gradually seen a pullback recently. The price of the currency was under pressure and fell back after reaching the 27500 area. The low point yesterday evening also saw a small rebound correction in the 26400 area, and it is currently hovering around the 26600 level. Yesterday, the bearish trend was also timely, and the market trend was very much in line with our expectations. The target of 26300 was perfectly reached, and the layout was harvested as expected. After the decline yesterday, it also promptly suggested to continue shorting in the 26700 area, which currently looks quite perfect. The short-term trend still tends to be downward, so the bearish view remains unchanged.

There has been no significant change in the daily chart structure, still under pressure at high levels, and the market's decline continues to gradually emerge. From a technical indicator perspective, the Bollinger Bands are running in a parallel state, the candlesticks are forming consecutive declines, the bearish trend is gradually increasing in volume, and the moving averages show signs of turning with the price. In summary, there is still room for a decline in the market, and the downside space is also relatively large, so the downward momentum is bound to be greater than the rebound. Combining the 4-hour trend, the downward trend has already formed, and the market has not provided an effective rebound in the short term, so the bearish view remains unchanged in future operations.

As for Bitcoin's future operations, it is recommended to short around the 26800 area on the rebound, with a target focus on the 25800-25500 level.

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