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Wednesday: Short-term repeated highs face setbacks, leaning towards short positions under fluctuations.
Market rhythm: Yesterday maintained the end-of-month adjustment state, with both low long and high short positions taken during the day. Currently, the four-hour pattern is oscillating downwards, with clear pressure at high levels. The hourly line continues to show weakening of short positions, with a short-term demand for continued downward movement.
Today's idea: Focus on the oscillating downward pattern, primarily engaging in short positions.
Operation suggestion: short positions in the 118000-118500 area, target looking at 117200-116800 #BTC#