The recent rally of Bitcoin's white plate is clearly below expectations. The white plate mainly fluctuates within the range, and from a daily perspective, Bitcoin has experienced five consecutive declines, with the K-line showing a series of shocks. The MACD is gradually turning towards a bullish signal, further reflecting the fragile market sentiment. On the hourly chart, Bitcoin is short-term supported by the middle band of the Bollinger, but the price has yet to touch the 23.6% Fibonacci retracement level. If this weak performance continues, there is a high probability of further downward testing tonight, and traders can consider提前埋伏 at key support levels.