Bitcoin's recent rallies have not seen an increase in volume, indicating that they are not genuine buys, but rather 'fake moves.' The main players are not taking action, and retail investors can't push the price up either;
The moving averages on the daily and 4-hour charts have turned into a 'bearish alignment,' simply put, it means 'suppressing you from rising';
Currently, 119,000 is a short-term resistance level. As long as this level holds, the short-term strategy is to 'short on rallies';
Weekend market fluctuations are small, making it easy for the main players to 'fish' for profits. Don't over-leverage, don't go all-in, set stop-losses, and protect your capital for the next round!
Personal trading advice: Short near the two levels of 118,500–119,000 on a rebound, with a short-term target of 116,700, 115,400, and if it breaks below, watch for 113,200! $BTC