Waking up in surprise, Bitcoin writes history again. In the early session, it strongly broke through the 110,000 mark, reaching a high of around 110,700. This wave of market activity can be described as crazy, with the main players frequently washing the market in both directions, revealing their greed. If it cannot stabilize above 110,000 in the short term, it is recommended to maintain a bearish outlook and avoid blindly chasing after rising prices.
Bitcoin: short in the range of 110,000-110,500, with a target of 109,000-107,000.