Bitcoin analysis, strong resistance, about to retrace

Yesterday's market saw a decline and adjustment, but the overall strength was only around a thousand points, indicating that it did not drop to the expected level. As for today: Bitcoin is expected to continue to decline, and the strategy is to look for shorting opportunities.

The strategy after the European session is quite simple, focus on shorting around the key resistance level near 115,700. This position is currently an important pressure point. Therefore, our intraday operation is to short around this level.

Short near 115700, aiming for a target of 113000, just short and wait for a smooth decline.