Wednesday Analysis:

Last night, influenced by news, the cryptocurrency price experienced a rapid decline, but the downtrend did not continue in the early morning. Currently, it is overall in a fluctuating trend and has not formed a one-sided market.

In response to the current fluctuating pattern, it is necessary to adopt a fluctuating mindset. The intraday operation suggestion is to seize the rebound opportunity to lay out short positions.

Operation Suggestions:

Bitcoin: Short near 111700-112300, target key position in the 110800-110000 area. If it doesn't break, then go long!