After experiencing a previous spike, Bitcoin has maintained a slight rebound and oscillating trend throughout the day, with limited rebound strength, and the weak pattern remains unchanged. In contrast, Ethereum has rebounded sharply by over 200 points during the same period, highlighting Bitcoin's lack of momentum.

From a weekly perspective, Bitcoin has formed a breakdown pattern. In the short term, if it wants to rise and reverse the bullish trend, it will face significant pressure. Therefore, as long as the price does not break through the key resistance level of 113650, this rebound still leans towards a bearish outlook, with the overall trading strategy focused on "shorting at highs."

For night trading, if Bitcoin rebounds and touches the resistance level of 111000, pay close attention to the breakout situation. If it breaks through, then look further at the range of 112000-113000, where short positions can be attempted, with a stop loss set at 113650;

If the price does not rise and the hourly close falls below the support level of 110200, consider lightly shorting, with the stop loss based on the current rebound high. The initial target on the downside is the range of 108500-107500, and if this range breaks, further targets can be set around 105000. #加密市场回调 #比特币远古巨鲸持续出清 #特朗普罢免美联储理事库克