Thoughts on BTC's short to medium-term market.

1) On the weekly level, last week closed with a small bearish inverted hammer candlestick, with significant selling pressure around 120,000. The ranges of 75,000 to 112,000 and 98,000 to 123,000 show that the rate of increase is decreasing;
2) On the daily level, there is a slight decrease in trading volume and multiple upper shadow lines, indicating frequent selling pressure;
3) The net inflow of US ETF institutions is continuous, but there are signs of a decrease;
4) The sell orders in the order book are frequently observed but have decreased, while the buy orders have strengthened.