On the 4-hour level, BTC's overall structure continues to weaken. The previous range consolidation failed to accumulate sufficient upward momentum, ultimately choosing to break down and open downside space.

Rally moves consistently lack sustainability, with bulls unable to organize effective counterattacks. Each slight push-up encounters selling pressure. The moving averages display obvious downward divergence, layering resistance on price movement. Currently, trending bearish characteristics have become evident.

Trading volume remains persistently depressed, with weak follow-through buying interest. Meanwhile, selling pressure continues to release within the market, with sell orders maintaining a clear advantage.

Operation suggestion: Short near 2090-2120, target 2020-1980 area on the downside, break below 1950.
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