After a brief test of the 114530 high point at night, the bears once again exerted force, causing the price to plummet and ultimately stop at the 112582 level. Currently, it is operating around 113550, showing a typical pattern of slow rises and sharp declines, indicating a lure for more buying. The bearish strength has not yet been fully released, and a rebound in the short term could continue to favor short positions.

Bitcoin: Short around 113800, target at 110500 level

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