#比特币2026年行情展望 BTC Short-term Market Analysis

Looking at the four-hour chart, the bullish momentum has clearly weakened — trading volume has fallen to less than half of what it was before. This is somewhat related to the inactivity during pre-market hours on Wall Street, but interestingly, the US stock market has actually started to weaken earlier. The bears also seem to lack momentum, seemingly holding back a big move.

Looking at the order book data, the amount of sell orders stacked up has approached the $100 million scale seen in early December last year — this number should not be underestimated.

The performance of ETF institutions in the past two days is also worth noting. Yesterday, there was a net inflow of $843 million, and for two consecutive days, the net inflow has been above $700 million. Such sustained high net inflows often indicate a potential reversal in the future.

Considering these factors together, the probability of a significant short-term correction is relatively high.