Supplementary analysis views on Bitcoin's trend:

Based on the current market performance, I still hold a bullish stance. The adjustments that have occurred are unlikely to extend into a larger time frame. As an objective analysis, I choose to follow the established trend and respect the market movements.

If the market is truly to form a reversal, it is necessary to first observe the phenomenon of sustained oscillation in the high position area, as this will lead to insufficient liquidity, thereby developing a new structural form downward.

From the 1-hour chart analysis, the current trend resembles more of a consolidation pattern, likely to pull back to the main buying point below before rising again. The core basis for this judgment is the observation of the support and resistance conversion relationship formed with the previous wave high, which also serves as the retracement support level of the last upward trend.

It is important to note that if the price breaks below the key turning point, the overall structure will change, potentially releasing the risk of a potential double top formation.

My view remains unchanged; the key is to manage risks well and set reasonable stop-loss positions. Even if the market trend does not align with expectations, risks can still be controlled.