A new week, a new beginning. Bitcoin continued to maintain a small range-bound trend over the weekend, with the price coming under pressure again after reaching the 28300 area, and has been running around the 27800 area. Last week, it also provided a short opportunity around the 28300 area. Although the downward momentum was not significant, it was still within expectations. As the high has been unable to sustain an upward trend, it is advisable to continue to observe the extent of the market's decline.

In the daily trend structure, the market has been running in a basic oscillating upward trend. However, there has been a clear situation of stagnation at the high in the short term, with the price rebounding to the previous pressure area and then falling back under pressure. The fact that the market has been unable to effectively hold above 28000 implies strong upward pressure, and as a turning point area, the market has failed to form a continuation after multiple attempts, consuming too much bullish momentum. Therefore, if the high cannot be effectively broken through, there will be a need for a market pullback. In the short term, attention should be paid to the extent of the market's pullback, and a bearish approach should be taken.

In terms of future operations for Bitcoin, it is recommended to short the rebound in the 28000-28300 area, with a target focus on the 27200-26500 level.

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