Currently, the BTC price is under pressure after reaching a high of 113485, and is now around 112025, situated between the lower and middle bands of the Bollinger Bands. The overall trend of the three Bollinger Bands is still diverging upwards, but the price has pulled back to near the middle band in the short term. Combining with the 4-hour chart, the short-term bearish trend has not completely reversed, but there is dense support below, and bulls may attempt a counterattack. The operational focus can be on the following range:

If the price rebounds to the range of 112600–113000 and faces resistance, consider taking a light short position, targeting the lower band near 111500;

If the support at 111500 holds, consider attempting a light long position, targeting the middle band near 112600.

The short-term market is in a rhythm of "rebound under pressure → middle band fluctuation", and the trend is not yet clear. It is essential to closely monitor the strength of support at the middle band of the Bollinger Bands, while also assessing the overall sentiment of Bitcoin to determine direction. Always ensure to set stop-losses and strictly manage risk. $BTC #比特币巨鲸换仓以太坊