Monday Market Recap:

The market is like a roller coaster—this morning, it stabilized around 90,100, then surged with high volume up to 92,500 but hit a wall, and in the afternoon, it retreated back to 90,400 before stabilizing. On the daily chart, the bullish momentum appears to be weakening, with the candlesticks turning from red to green and a bearish line still visible above, which is not a good sign. The support level at 89,500 must be watched closely; if it breaks, the decline could continue.

On the 4-hour chart, the situation is clearer: bullish energy is weakening, with several consecutive bearish candles forming a breakdown pattern. At the hourly level, the bears are continuing to volume up, and the middle band has been broken downward, indicating further decline. Overall, the short-term bearish trend is now confirmed. Tonight, the strategy is to look for resistance levels to short; if there is a rebound, consider entering positions.

Reference suggestions: #MSCI未排除数字资产财库企业纳入范围 90800-91300 can be shorted, with stop-loss around 92000, targeting the 89700-88900 range; $BTC 3130-3150 can be shorted, with targets at 3080-3050.

Risk warning: The market changes rapidly; this is for reference only.