BTC Short-Term Market Analysis Morning Report

Let's review the past first, then comment on the current BTC market.
From January 2022 to June 2022, the upward channel + symmetrical triangle decline continuation pattern and consolidation time are very similar to the current decline structure and consolidation period from November 2025 to now.
History always has astonishing similarities. The current range of 60,000 to 72,000 is also at the 0.618 Fibonacci retracement level of the small rebound. Will the price rebound to around 74,500? Looking at the volume, this seems a bit uncertain and unlikely.
Now let's take a look at the latest BTC market trend:
1) Four-hour chart: Both bullish and bearish volumes are very low, with bearish volume slightly stronger. The positive rebound has been suppressed, indicating a weak market;
2) Daily chart: Three consecutive small bearish candles, with the price center gradually moving downward;
3) The general public and institutions in the crypto space have reached a consensus that BTC has entered a bear market. Bear market rebounds are seen as a chance to escape, with the bottom around 40,000;
BTC is very likely to test the bottom again near 62,800.