The morning pancake provided a short position near 117500 at 117276, with a maximum rebound at around 117358 and a minimum coming near 116111. The high short has successfully moved out a space of 1200 points!

From the current 4-hour chart of Bitcoin, the bears have increased their volume, forming three consecutive bearish candles that have completely retraced yesterday's gains, further consuming the bullish momentum. There is still an expectation of further declines in the future market. Short-term operations should continue to focus on short positions, with long positions as a supplement.

Short Bitcoin around 117500, add to shorts at 118500, with a target of 115000.
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