The Bitcoin rebound last week saw trading volume significantly lower than the falling trading volume of the previous three weeks, and the rebound failed to break through the high point of the previous week's Candlestick, closing back to the middle position of the Candlestick. This indicates that buying pressure remains weak. In addition, the weekly MACD for Bitcoin has clearly shown a death cross, which is also a bearish signal. In the short term, the price is operating around the 112000 level, with a rebound above the middle band on the four-hour chart continuing, but the MACD long positions volume bars on the auxiliary indicators are still operating with reduced volume. If the 112000 level cannot be broken through significantly tonight, maintain a bearish outlook.