$BTC From the four-hour level technical chart, Bitcoin is currently operating below the middle band of the Bollinger Bands. The bearish pressure remains significant and highly intimidating! Every attempt by the bulls to rebound has been quickly retracted by the bearish forces with solid candlesticks after reaching key resistance levels. This characteristic of rebounds being suppressed directly reflects that the bullish strength is continuously depleting during the short-term rebound repair process, with funds showing a lack of willingness to chase the rise, and the short-term trend is still dominated by bears.