8.17BTC Evening Operation Viewpoint:

On the hourly chart level, it is currently in a high narrow range oscillation state, and there is no clear direction for the short term, with relatively limited volatility space.

Overall, it is recommended to focus on shorting on rallies for short-term operations. Currently, 119,000 points is a short-term resistance level, and as long as this position is not broken, short-term operations can follow the idea of 'shorting on rallies.'

Additionally, weekend market fluctuations are usually small, making it easy for the main forces to set 'fishing' traps, so be careful not to take large positions or go all-in during operations. It is essential to set stop-losses to protect capital, allowing for flexibility in subsequent operations.

Operation Suggestion: Consider shorting if it rebounds to around 118,700, with short-term targets successively at 117,200 and 115,400; if it breaks below, further targets could be 113,500. $BTC