What should we do today about btcbtcbtc?

BTC Yesterday Market Review: Yesterday morning, BTC continued to rise, reaching a high of 122348. When it approached the previous high, we decisively laid out short positions near 121800. During the noon period, the 2-hour TD indicator showed a 9 signal, clearly indicating a trend reversal to bearish, further solidifying our short strategy. In the early hours, BTC dipped to around 118000, and we exited our short position with a solid profit of 3800 points. Throughout yesterday, we adhered to the short strategy, perfectly capturing the one-sided downward trend, and collected all the profits from the bears.
BTC Market Analysis Today: Yesterday afternoon, BTC encountered resistance around 122300 and retreated, dropping to around 118000 in the morning before rebounding. It is currently fluctuating around 119000. From a trend perspective, intraday operations should focus on the trend support level near 118300: it is recommended to go long if the price pulls back and does not break the 118000-118300 range; if it breaks, then consider going long near the previous low of around 116300. On the upside, continue to pay attention to the trend resistance level around 121800: it is recommended to go short if the price rebounds and does not break the 121500-121800 range; if it breaks, then look to go short near the previous high of around 122500.
Technical analysis: The daily line yesterday closed with a bearish candlestick that has a long upper shadow, consistent with the candlestick pattern when BTC reached its historical high last time, both exhibiting a spike up followed by a drop. The intraday trend leans towards bearish, with short-term targets focusing on the support level formed by the crossover of the Bollinger Band's middle line and MA10 near 116500.
After a drop of 4000 points from yesterday to today, we can first look for a small rebound opportunity during the day. Once it is in position, we will then lay out short positions, as the overall trend remains focused on high shorts. The 3-hour chart shows that after the double top probing at noon yesterday, the price has fallen back. Currently, it has closed with a bullish candle after six consecutive bearish candles, indicating there is still room for further rebound today. We can look for a wave of upward movement during the day and then short at higher levels.
The 2-hour chart shows four consecutive bearish candles followed by a bullish one. A red 9 signal appears below the TD indicator, indicating a trend reversal to bullish near the support level of 118000 in the short term, with clear bullish signals. However, there is limited space above, as the middle band of the Bollinger Bands intersects with the MA10 near 119800, forming short-term resistance. A rebound to this level could be a good opportunity to start positioning short.
In summary, BTC has short-term rebound momentum in the white market, but the upside space is limited. The overall trend still suggests focusing on shorting after a rebound to high levels.
BTC Today's Trading Strategy:
1. Short in the range of 121500-121800, target 120000-119000, stop loss 122300
2. Go long in the range of 118000-118300, target 119800-121000, stop loss 117500