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From the BTC daily chart level, the current rebound has reached a critical stage. Only by successfully breaking through the daily chart MA30 and firmly standing above it can the trend return to the rise track, and this round of adjustment will also be declared over. Otherwise, if it is suppressed by the MA30 and fails to break through, it is highly likely to test downward again.
So, when BTC rebounds to around 117000, chasing the price upward is not recommended. One should first pay attention to whether it can achieve an effective breakthrough and stabilize.
Nighttime short position strategy: you can arrange shorts near the 116800-117500 line, targeting 115000, 113800, and if it breaks down, continue to look down!