Technical Analysis: On the 4-hour level, the middle and lower bands are synchronously extending downwards, showing a bearish arrangement that suppresses price rebounds. In the downward trend, the price has faced resistance multiple times at the Bollinger middle band during rebounds, with weak rebound momentum and bears in control. The bearish structure of the Bollinger Bands has not reversed, and the price is approaching the lower band support. If this support breaks, the downward space may expand, and any short-term slight rebounds are likely to be suppressed by the middle band, so it is essential to pay attention to the support and loss of the lower band.

Operational Suggestions

Short near 114000—114500 for Bitcoin, targeting 111800$BTC $ETH #币安HODLer空投PLUME .