After the price of the coin rebounded and failed to break through the 12 level as expected, it retreated, reaching a low of 118344. Subsequently, it made a slight rebound and is currently running around 118500. Our short order entered at 119585 at midday successfully captured a space of 1171 points at the 118414 level. Similarly, I shared our thought process with everyone in advance. This is the confidence in my own judgment after experiencing countless bulls and bears, and it is also my greatest strength.

Looking at the four-hour chart, the coin price alternates between large bearish and bullish candles, with bulls and bears in a prolonged tug of war. The coin price consistently operates around 11.85, failing to break out effectively in either direction. The Bollinger Bands are slowly narrowing, indicating that the volatile market may continue for some time. In the short term, on the hourly chart, the coin price has surged but has not broken through, falling back to the middle line under pressure. The MACD energy bars continue to diminish, and various signs indicate that bullish momentum will continue to weaken. We will maintain a bearish outlook for the market.
The large coin is short around 119000, pay attention to around 117500, the second coin is short around 3830, pay attention to around 2730.
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