#BTC Market Analysis

Recent market trends have been hesitant, with rebound momentum continuously weakening. It is advised not to bottom fish for now, and to focus on shorting during rebounds, which aligns with the "short on the long" strategy.

Maintain the judgment of 124545 as the mid-term top; the daily trend line has been broken yesterday. If it continues to run below the trend line today, there is a high probability of a drop to the previous high near 112; the current price is 118300. If it can stabilize above the trend line, there may be a continuation of the rebound; otherwise, there is still downward momentum.