The overall trend of the pancake is in a downward channel, and the technical indicators are weak.

Key bearish signals (such as evening star, death cross of moving averages) strengthen the expectation of a decline.

However, the trading volume has significantly shrunk, indicating a weakening of the downward momentum.

The Bollinger Bands are narrowing, and the price is hovering around the lower band, suggesting a possible weak oscillation pattern in the short term.

Consider lightly shorting around 118,000, with a target focus on the 116,000-116,800 area. If it breaks down, then watch for support near 115,500; if the support holds, consider going long at the right opportunity. #加密市场回调 #BTC