This Monday morning, the crypto assets market exhibited a concerning trend. From the daily chart perspective, following a previous strong rise, the market has experienced a pullback for two consecutive trading days. Although the latest candlestick chart shows a long lower wick, suggesting some support in the short term, the overall short positions pattern is gradually emerging, indicating that the current rebound is unlikely to reverse the overall downtrend.

Analyzing from a more detailed four-hour level, we can observe that the market has experienced five consecutive downward cycles before seeing a stop-loss rebound, but this rebound is limited, and most of the previously accumulated rise has already been given back. The technical indicator MACD shows a death cross state, and the histogram volume below the zero axis has significantly increased, all of which indicate that short positions are gaining strength.

Given the current market situation, investors need to maintain a cautious attitude. If the Bitcoin price reaches the range of 113000 to 113600, a short position strategy may be considered, while closely monitoring the key support level of 111000. However, due to the high volatility of the crypto assets market, it is recommended that investors take multiple factors into account when formulating trading strategies, and stay alert to market dynamics to adjust strategies in a timely manner.