The intraday BTC trend is similar to yesterday, fluctuating around 118000 during trading hours, with long positions pumping it up to 118800 in the evening, and then it was pressured back down to around 118300. A short position taken at midnight made a profit of over 800 points, and the current price of 118800 is still held!

Currently, the market is experiencing overall fluctuation and correction, with a triangular convergence on the four-hour chart, approaching a directional choice. Looking at the daily line, the seven-day moving average has turned strong resistance; although today has a full body, the upper shadow indicates significant pressure. On the hourly level, after a four consecutive bullish candles in the evening, momentum has weakened, and long positions are running out of steam, suggesting a potential pullback in the future. The bearish outlook remains unchanged at midnight, with opportunities to sell high.

Operation: short near the btc rebound at 118800 - 119500, first look at 117000 - 116000, if broken, follow the trend to look at 115000. #BTC# #ETH#