BTC short-term technical outlook shows a clear bearish pattern, with MACD and moving average systems indicating weakening momentum. Trading volume continues to shrink, suggesting strong market caution. The current price has approached a key support zone, with a large bullish candlestick pattern but no reversal structure formed. If support is broken, further decline is possible; otherwise, a short-term rebound is expected, but resistance above is strong and requires sustained volume support.

Recent news has been mixed—Tether continues to issue USDT to inject liquidity into the market, but ETF capital outflows and large account short-term losses indicate some institutions are mainly defensive during the risk release phase. Overall, BTC's main trend is currently "sideways consolidation," with the direction needing further confirmation.