Monday Afternoon Jingyi's operational analysis

Currently, Bitcoin is in a high-pressure zone, looking at the pullback trend. Although there is a short-term rebound, there is heavy selling pressure above, and the upward space is limited. Once the momentum fades, it is easy to trigger a rapid downward market (i.e., a "waterfall market").

Investors should be cautious of chasing highs. If planning to enter the market, it is recommended to wait for a pullback to key support levels before choosing the right timing to operate. The short-term rebound can be seen as an opportunity for high-altitude layout, and the overall market trend still leans towards a downward direction.

Operational suggestions:

BTC 112300, 113300 nearby short, target towards 110000 round number