BTC's recent decline was very beautiful, forming a clean rejection at the critical resistance level of $80,000. It's a bit unfortunate to have missed the real-time market, but from the K-line performance, it is indeed a textbook-level rebound.

If the bearish pattern continues to develop, two signals should be watched: first, clearing the local high, and second, breaking below the PM-VAH level. As long as one of these two conditions is triggered, the logic for shorting will become clearer. At this stage, observation is preferred over trading, and wait for more confirmed breakout signals before entering.