Looking at the four-hour and six-hour levels of $BTC , there is significant pressure from above, and it has started to retreat and decline. The previous rise was quite strong, with a fast increase followed by a slow drop, which raises some suspicion of selling. Continue to pay attention to the pressure at the high point above; if it does not break long-term, there will be a significant drop.

In the evening, the expectation of a decline remains unchanged. BTC: around 117600 to 118200, target around 116000; ETH: around 2950 to 2970, target around 2880. If it breaks, continue to look down, with support below at 112000 and the line at 2780.