Overnight, Bitcoin decisively went down. Currently, the price of Bitcoin has fallen below 117,000 again. The bullish trend is slightly exhausted. In terms of the four-hour structure, there are three consecutive big negative lines, which are directly pressed on the floor. The K-line starts to exert force from above the moving average and smashes the 50-day moving average. The moving average also reverses downward strongly. The trend of short positions cannot be underestimated. Next, we can continue to maintain a bearish outlook!

Bitcoin Monday morning suggestion:

Rebound 117,500-118,000 short positions, and the target is to look down at the 115,500-115,000 range! #以太坊突破3700 $BTC