From the hourly chart of $BTC , the market has continued to decline after breaking below the middle track, and is currently still below the middle track. This indicates that the short-term bullish momentum has significantly weakened, and the bears continue to dominate. A strong resistance has formed around the 112500 level, so the high short strategy will not be adjusted for now. It is essential to carry a stop loss during operations, and avoid counter-trend positions.

Specific Strategy:

Bitcoin: It is recommended to set up short positions around 112000-112500, targeting down to the vicinity of 110500.

​ Ether: It is recommended to set up short positions around 4530-4570, targeting down to the vicinity of 4400.