A new day begins again. Looking back at Bitcoin's midnight rally, it peaked near 69,500 before facing resistance and pulling back. Currently, it is oscillating around 68,500. During the day, we expect a similar pattern at midnight. On the hourly chart, the price is under pressure at the upper Bollinger Band, with frequent upper shadows, indicating increasingly obvious bearish signals. The MACD golden cross is weakening, and the positive bars are continuously shrinking, suggesting the bearish trend is warming up.