Today midday, the Bitcoin market experienced a strong breakout. After a period of consolidation in the morning, the Bitcoin price climbed steadily, reaching a high of 117,500 points, with an intraday rise of 7,000 points, setting a new historical record.

From the four-hour chart, the price has started to decline and is expected to continue showing a volatile trend in the short term. Investors can pay attention to trading opportunities when the price approaches the highs.

Technical analysis shows that the current price has significantly deviated from the upper Bollinger Band, the RSI indicator remains in the overbought zone, and the MACD histogram is showing signs of a bearish divergence. These signals indicate that the risk of market correction is accumulating. Any unilateral surge in the market is difficult to sustain, and the market will eventually return to rationality. Especially after breaking through key resistance levels, there is often a technical adjustment triggered by profit-taking.

Based on the current market situation, it is recommended to focus on shorting at high levels as the main strategy. Specific operational suggestions are as follows:
Bitcoin: Consider shorting around 118300, with a target price of about 117000.
Ethereum: Consider shorting around 3020, with a target price of about 2900.

Investors should operate cautiously, closely monitor market changes, and adjust strategies in a timely manner. At the same time, attention should also be paid to risk management, setting reasonable stop-loss levels to cope with market uncertainties.