Resistance above the pancake is starting to increase, with previous highs continually moving lower. 119500 has formed strong pressure, and a top and bottom have been established;
Recently, the probability of a one-sided move is quite high, and we remain firmly bearish;
Personal operation suggestion: ambush short positions near the rebound to 118800—119400, with the initial target set at 115600 and 114700, and a long-term view towards the 110,000 mark! $BTC
