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The two key support levels at 90,000 for Bitcoin and 3,100 for Ethereum have been effectively broken. This is not just a price decline, but a fundamental shift in the entire market structure. Those support levels once considered "safe havens" have now been brilliantly transformed into resistance levels, becoming obstacles on the way up.
The bulls' defense line has collapsed, and the bears have taken over market dominance. The current market sentiment is clearly bearish, but there is an interesting phenomenon—after a breakdown, technical rebounds are inevitable. This is not a sign of a trend reversal, but rather the best opportunity for bears to shake out weak hands and accumulate short positions.
From an operational perspective, the core idea is to follow the trend. Bitcoin can consider short positions in the 90500-91000 range, targeting 89300-88700; Ethereum can set up shorts in the 3137-3150 range, aiming for 3076-3038. Simply put, every rebound is an opportunity to re-enter short positions. Don't be fooled by short-term price recoveries.