Bitcoin's significant drop has retreated to around 7500, with the key factor being the panic caused by breaking below 120,000, leading to a shift in trend. In the short term, there is an advantage in the downward trend.

The posture follows the decline; after all, it is normal to see a correction after such a rise. Only a true drop below 4500 will trigger further corrections, and today we need to pay close attention to the resistance around 4650.

Major coin: 11.93-11.98 area downtrend, looking down to around 117,000.

Posture: 4630-4660 area downtrend, looking down to around 4400 $BTC