Today is Saturday, Jingyi also took this opportunity to have a good rest, and the babies should also balance work and rest. Next, let's briefly discuss the views on the pancake.

The current bearish trend of BTC is extremely strong, almost unstoppable. The 4-hour level is in a sideways consolidation, trying to build a bottom, but after multiple supports, it still cannot effectively rebound, which is a typical weak pullback signal.

More critically, both the daily and 4-hour MACD indicators are below the zero axis and show a death cross divergence state, with bearish momentum fully released, market trading sentiment is sluggish, and most investors choose to observe and remain dormant. The current market is clearly dominated by bears, and one must firmly grasp the opportunity for short positions, avoiding blindly entering and becoming the "greater fool"!

Operational Suggestions

BTC: Short positions are to be arranged in the range of 109800-110600, with target points looking towards 108500.