It's unlikely that BTC will rise significantly; even if it rebounds, it will likely fall back down! In the short term, BTC is a game driven by both liquidity and market sentiment. In the medium term, it depends on narrative and capital structure, and in the long term, it depends on consensus and the global liquidity cycle. Currently, BTC faces a growing number of unfavorable factors: (1) High US Treasury yields and a stronger US dollar index are draining global market liquidity; (2) The AI narrative bubble is about to burst, and US stocks are about to crash; a crash in US stocks will worsen market sentiment; (3) ETF institutions have experienced large net outflows for three consecutive days, with large investors and some whales turning bearish. I will share detailed analysis and predictions of subsequent market trends in this week's market report. Short selling is the main strategy; be cautious about going long! Do not try to catch the bottom!