Market analysis at 8:12 AM

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From a technical perspective, the short-term pullback lacks sufficient strength, and the slight rebound in the evening is merely a correction, not altering the overall rhythm. It has been emphasized before that during the phase of bear pressure release, it is unwise to blindly go long; one must wait for a strong upward signal to confirm a trend reversal. Currently, the overall situation presents a "return of the bears" trend, with the short cycle confirming platform pressure before continuing the downward trend. In the short term, the bearish outlook remains throughout the early morning, and one should seize the opportunity to follow the bears during the midnight rebound.
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Operation Suggestions:
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The Bitcoin price range is between 120800-121300, with the target looking down towards the vicinity of 118600-119100.
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Auntie 4340-4370 range, target looks down near 4220-4250 #TOKEN OF LOVE 重磅回归# #BTC重返12万# #晒出我的Alpha积分#