#数字货币市场回调# Key observation: In the daily chart, the short positions pattern still dominates, but the short-term downward momentum has clearly slowed. The current recommended trading strategy is to prioritize shorting at high positions, focusing on monitoring the performance of the key resistance level above.

Market Overview:
1. Trend Analysis: From the daily chart performance, BTC has closed with three consecutive bearish candles. The technical indicators show a typical arrangement of short positions across various moving averages, and the overall market is still controlled by selling pressure, with persistent downward pressure.

2. Latest Situation: After a continuous decline, prices have recently shown a certain degree of weakness, and the downward momentum has weakened. However, it is important to note that the market has not yet formed any reliable bottom reversal signals, and investors should avoid entering the market too early to catch the bottom.

Trading strategy recommendation:
Trading tendency: biased towards shorting

Specific strategy: Pay attention to price rebounds to the resistance area of $113,000-$113,500, and consider gradually establishing short positions.

Target levels: Pay attention to support levels at $111,500, $111,000, and $110,500.

Risk Control: To avoid the potential risk of false breakouts, it is recommended to set the stop-loss point above the price level of $114,200.

Special Reminder: If the price can effectively break through and stabilize above $114,500, the short-term downward structure may be broken, at which point a reassessment of the market direction will be necessary.