Currently, the daily chart of Bitcoin shows significant resistance above, with consecutive bearish candles and larger bodies, indicating that bearish strength is clearly increasing. The downward momentum is becoming stronger, and the overall trend is weakening.

In this bearish-dominated market, it is wiser to operate in line with the trend. Switching to the 4-hour timeframe, the downtrend is clear, with most candles being bearish, and any rebounds are small, further confirming the strength of the bears. Therefore, in terms of operations, it is recommended to short around rebounds.

Morning trading idea: short directly at 112700-113200, targeting 110000.