Sharp Drop! Price Plunge! "Black Friday" Lives Up to Its Name. From the current market structure, Bitcoin's four-hour chart has seen seven consecutive bearish candles, indicating a clear downward trend. The price has strongly broken below the lower Bollinger Band, with bullish momentum continuously weakening. In the short term, there is no effective rebound force or trend reversal condition, and the market remains predominantly bearish. Although there was a brief stabilization after two bearish candles on the one-hour chart, the size of the bullish candles is gradually shrinking, and the overall trend is still within a downward channel. Currently, the middle band of the Bollinger Bands forms a critical resistance zone. If the price cannot effectively break through this level, a reversal signal cannot be confirmed. For afternoon trading, it is recommended to continue with a rebound-high short strategy.