The 4-hour chart has broken below the middle Bollinger Band support, and the upper band has shown a turning trend. This wave's momentum is strong, and there are many trapped above. If there are no major news events tonight, it will be difficult to achieve a V-shaped reversal. In the evening, if it rebounds above 4650, we will continue to monitor the trend.

Bitcoin: Short in the range of 111400-112000, target 110000