BTC Short-term Market Analysis Early Shift

First, let's review, and then comment on the current BTC market.

From January 2022 to June 2022, the ascending channel + symmetrical triangle's downward continuation structure and oscillation period are very similar to the current downward structure and oscillation period from November 2025 to present.

History always has striking similarities. The current oscillation range of 60,000-72,000, with the recent rebound high also at the 0.618 position of a small Fibonacci retracement, can the price rebound to around 74,500? Looking at the volume, this seems a bit uncertain and difficult.

Now let's take a look at the latest BTC market trend:

1) Four-hour: Both bullish and bearish volumes are quite sluggish, with bearish volume slightly stronger, and any favorable rebounds are pushed down, indicating a weak market;

2) Daily: Three consecutive small bearish candlesticks, the price center is gradually moving down;

3) The consensus among the public and institutions in the crypto space on BTC entering a bear market has been reached, and bear market rebounds are opportunities to escape, with a major bottom around 40,000;

BTC is highly likely to test the bottom around 62,800 again.