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BTC 1-hour chart's rebound this time feels a bit "fake"! After the BOLL bands narrowed, the upper band became the "ceiling", and it dropped after failing to break through 126208. Now it's revolving around the middle band, lacking the strength to break through.
Is the MACD green bar getting shorter a good sign? Not really, the DIF is still "lying flat" below the DEA, this wave is at most just a "rest after a drop." The key is that there is no capital entering the market, so the rebound naturally lacks momentum.
Short near BTC 123000-123500, first looking at 121500-120500. If it can't hold and breaks down, then look towards 118000.