The current Bitcoin trend aligns with the prediction of 'high after a surge, followed by a consolidation phase.' After reaching a new high, selling pressure is released for adjustment; the daily chart shows four consecutive bearish candles, and the 4-hour chart indicates weak downward movement, with no rebound from the bulls. In the short term, I firmly maintain a bearish outlook. The strategy for midnight operations is to short directly between 110000 and 110500, targeting 108000.