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The overall market is currently being suppressed by weekly adjustments, and the recent weak rebound on the daily chart has already ended, entering the four-hour downtrend phase. The short-term bearish signals are very clear. The key support zone below is 89200-90200, which is the last line of defense.
The trading strategy is simple and straightforward—prioritize defense, wait for a rebound before considering shorting, and never try to catch the bottom, as that is a suicidal move.
**Main Strategy (Primarily Short Positions)**
First entry opportunity (trend-following short): When the price rebounds to the 91200-91800 resistance zone on the 1-hour MA30-60, if a stagnation candlestick pattern appears (long upper shadow or bearish engulfing), that’s the signal.
Second entry opportunity (breakout short): Wait for the price to break below the 90000 level, then confirm with a slight rebound.
Position management: Use small positions, 3-5% of your capital is sufficient.
Place stop-loss above 92300 to leave room for false breakouts, avoiding being stopped out prematurely.
Expected target zone is 89300-88500.
**Secondary Strategy (Rebound Short-term Trading — High Risk)**
This is only suitable for short-term traders; entries and exits must be quick, hesitation will lead to being trapped.
Trigger conditions are very strict: the price must quickly fall into the strong support zone of 89000-89500, with a clear "bullish divergence" on the 15-minute chart combined with a "volume spike and pin bar."
Use very small positions, 1-2%, just enough to withstand potential losses.
Set stop-loss below 88800; if broken, exit immediately.
The rebound target is 90500-91000 resistance. When reached, close all positions and exit.
Risk warning: The above is only technical analysis based on charts and does not constitute investment advice. Cryptocurrency markets are highly volatile, with extreme risks. Make independent judgments and decisions.