Mainly short at highs; it was mentioned earlier that the short-term rebound space won't be very large, and the evening saw a movement of 3000 points!

From the perspective of BTC's 1H to 4H trend levels, the market's moving average system after the decline is, as expected, diverging towards the bearish side, and multiple structural resistances are forming along the way. The initial upward space and rebound points are both significantly limited.

The main drop at the current position has basically been released, but the long-term bullish trend on a larger scale is still present, and the short-term structure currently cannot provide much room for a significant rebound.

The intraday rebound resistance is at the 115.7k-116.5k line, with targets at 114.2k, 113.5k, and 112.5. #加密市场回调