The current second Bitcoin (BTC) is in a weak bearish trend dominated by bears, with the market showing signs of stagnation in upward movement and rapid declines, as bulls retreat step by step.

Key resistance levels have been repeatedly tested without success; each rebound to the resistance zone quickly falls back, becoming an ideal point for bears to add positions. Market funds are cautious, with risk-averse sentiment prevailing, and no new capital entering to push prices higher.

Technically, a clear downward pattern has already formed, with downside space not yet fully realized. Patience is advised to wait for high-altitude shorting opportunities and to steadily harvest trend profits.

Trading suggestion: Short around 1970-2010, with a target near 1900-1870, and a break below 1840.