Today, the Crypto Assets market is exhibiting a fluctuating trend, with Bitcoin prices oscillating in the key range of 118,000 to 111,000. Currently, Bitcoin is in a typical range fluctuation pattern. Market analysis shows that if it cannot break through the upper resistance level, any short-term rebound may struggle to halt its downward trend.

Some traders believe that there may be shorting opportunities near 117,300, with an initial target price of 114,000. If the price falls further and breaks through this level, the next support level may be around 112,000.
However, the market trends are complex and changeable, and investors should act cautiously and manage risks properly. Before making any trading decisions, it is recommended to comprehensively consider multiple factors, including but not limited to technical analysis, fundamental analysis, and overall market sentiment.
It is worth noting that the high Fluctuation of the Crypto Assets market means that situations can change at any time. Therefore, it is crucial to continuously monitor market dynamics and adjust strategies in a timely manner. Whether bullish or bearish, trading plans should be based on thorough research and individual risk tolerance.