Monday Afternoon Analysis: From the 4-hour cycle, BTC shows a double-downtrend pattern, with the MACD indicator maintaining a downward divergence, and the KDJ indicator remaining in a downward channel. The trading volume and technical indicators form a bearish resonance, confirming a medium-term weak market structure, with bears dominating the market rhythm. On the 1-hour cycle, the price records seven consecutive downtrend candles, with a complete short-term downtrend structure. Bear momentum shows no signs of weakening, further reinforcing the expectation of continued short-term weakness. It is recommended to short on rebounds at high levels, aligning with the multi-cycle resonance of weakness. Trading suggestion: Short in the 108,500-109,500 range, targeting lower levels: 106,000-105,000.

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