Big picture for BTC: Bear market view remains Yesterday, ETF outflows reached $269 million, a relatively large amount Daily chart shows a bearish engulfing candlestick pattern Meanwhile, the weekly chart indicates upward channel resistance, a clear short signal Current price is in the top range, not recommended for long-term buying For right-side positioning, wait for bearish alignment before setting up mid-to-long-term shorts 4-hour chart shows bearish alignment, bearish trend confirmed Breaking below 7.82 will accelerate the drop to 7.5