The Bitcoin price continues to follow a downward trend, and our thinking is very clear—bearish, short-selling. The rhythm has been well grasped, and the gains are in line with expectations. Currently, Bitcoin is trading around 110,900, and the short-term bearish momentum still prevails. Tonight, continue to pay attention to short-selling opportunities after a rebound.
In terms of operation, it is recommended to gradually lay out short positions in the range of 111,800-112,200, with the initial target set at the 110,000 mark. If it effectively breaks down, we can continue to look lower.
