# Bitcoin shows a weak rebound after a sharp decline in the short term, dominated by bears. The current price is around $89,600. The 1-hour bearish momentum has not fully dissipated, and the 4-hour cycle is in a correction trend. The core analysis is as follows:
1. Main Trend Characteristics
1. Short-term sharp decline: The 1-minute candlestick shows the price rapidly dropping from $92,621.8 to $89,589.5, a drop of over $3,000 in a short period. This indicates a volume-driven plunge combined with panic selling, followed by only a weak rebound with insufficient buying support.
2. Medium-term co
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