Good morning everyone! Yesterday, the big coin surged at the opening but quickly fell all the way down. After a brief rise in the morning, it continued to decline throughout the day, dropping almost 2000 points. The short-selling strategy we discussed earlier has completely come true. Now the coin price has returned to around 107100, consistent with my previous analysis.

From the market perspective, Bitcoin has not broken the consolidation range from last night until now, and it was still testing the bottom in the morning. Looking at the four-hour K-line, there are alternating rises and falls with little volatility, but the bearish strength is getting stronger. Next, focus on yesterday's low point of 106500, which coincides with the lower band of the Bollinger Bands. If it breaks below that, it is likely to continue downward. On the daily level, the recent gains have completely vanished, and the moving averages are beginning to turn. Previous support levels have become resistance levels. Therefore, in the morning session today, we will stick to the short-selling strategy.

Operational suggestion: Short-sell the big coin in the range of 107500-107800, targeting 106000.