From the hourly Bollinger Bands perspective, there is a clear downward opening pattern: the upper band continues to diverge downwards, and the price consistently runs close to the lower band, further guiding the lower band to move downwards, indicating that short-term bearish forces are in absolute dominance and the continuation of the downtrend is strong.

Therefore, it is advisable to set up short positions in the range of 118900-119600, with a target around the range of 117000-116000.