#BNB创新高 $BTC The coin price slightly retreated to around 118960 in the morning before rebounding again, with the highest coin price reaching 119800. Currently, the coin price is under pressure and has retreated again, now fluctuating around 11.95. We had already provided hints for a rebound high short strategy in the morning. Our short position entered at 119645 took a small profit of 668 points at 118977. Currently, our short position entered at 119752 is still held, and we are waiting for the market to develop. The market feeling is still online, and the trend remains steady.

From the four-hour chart, the coin price has quickly risen with three consecutive bullish candles, and technical indicators still show a bullish trend. However, the continuous upper shadows indicate strong resistance above. The current upward movement is blocked, and the market has entered a high-level consolidation phase. In the future, we will maintain our strategy, focusing on the price rebound touching resistance before pulling back. In the short-term hourly chart, the coin price has formed a bullish engulfing pattern around the upper track, repeatedly pushing high and pulling back, showing a slow upward trend. Since the current upward trend is still ongoing, we will continue to focus on the gains and losses around the 120,000 mark. The coin price is likely to continue the previous range fluctuations. Our strategy remains unchanged, focusing on pullbacks and responding to rebounds with high shorts.

Bitcoin is short at 119500-12000, with attention on the vicinity of 118000. Ethereum is short around 3900, with attention on the vicinity of 3800.