In the early morning, Bitcoin touched 122200 and faced a pullback, finding support at 120300, with bulls gaining strength and approaching the 123000 mark in the morning. The second Bitcoin is synchronized, currently around 4250.

Bitcoin's daily chart shows significant resistance, with consecutive large bearish candles, dominated by bears and a strong downward trend. The 4-hour chart shows a clear downtrend, with bearish candles being dominant and weak rebounds, indicating strong bearish momentum; it is recommended to short in line with the trend.

BTC: Short around 1130-1135, target at 1112.

ETH: Short around 4270-4300, target at 4150.