The 1-hour chart for Bitcoin shows a very clear trend: after the price touched the upper band, it quickly plunged, completely giving back the previous bullish gains, and the bulls' momentum was directly interrupted. The market has shifted to a bearish dominance, and external positive news only caused a brief rally, making it difficult to reverse the overall weak trend. In the short term, it is advisable to follow the trend and go short at high levels, with caution when attempting to catch the bottom.