Watch the daily trend of Bitcoin closely and you'll discover that the core bearish framework has never been truly broken since the 2385 high. All minor rebounds are merely technical corrections after oversold conditions, hardly qualifying as reversal signals.

When price previously rebounded to the Fibonacci 0.786 resistance at 2425, it couldn't even establish a foothold and was directly pushed down by bears. This fully demonstrates how heavy the selling pressure is above. Now hovering near 2165 grinding bottoms—seemingly unable to fall further—is actually a mid-level consolidation within a downtrend, not a signal for bulls to counterattack.

Looking at the MACD indicator, the slight volume on red bars is useless. The DIF remains hovering near the zero line without upward movement, severely lacking momentum for bull advancement. Bears still control market initiative. Blindly catching falling knives is actively drilling into risks.

Trading Recommendation: Short near 2180-2210, target 2120-2090 area, watch for break below 2050
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