#数字资产市场动态 BTC Short-term Market Analysis and Bearish Positioning (Updated at 03:45 on the 20th)

Current Key Level Assessment:
Light short positions around 93,200, gradually increasing shorts near 93,900. Stop-loss set at 95,500. Even if extreme market conditions cause a sudden breakout, 95,500 is unlikely to be breached in one go; consider adding to short positions again at 95,000, using oscillations and pullbacks to close out positions.

Small-scale Rhythm Analysis (Focus on Tuesday daytime):
It is now 03:50 on the 20th, Tuesday is approaching. During the day, focus on 30-minute and 1-hour charts. The 1-hour chart around 94,000 is particularly critical—once the MACD turns red, a pullback is likely to initiate, with continued testing of the 91,800 level (corresponding to the low at 8:00 on the 19th). Repeated testing in the 91,800 ± 200 range is normal.

If the 1-hour MACD remains weak and rebound strength is insufficient, 91,800 is likely to be broken directly.

Downside Targets and Rebound Opportunities:
The first target is in the 91,000–90,500 range, where consider reversing to short-term long positions, expecting a rebound of about 2,000 USD profit. But if the rebound is weak and fails to retake 94,000, subsequent declines should prepare for the second level.

The second target is around 88,000–87,000. Whether 80,000 can be broken depends on future signals and ongoing updates.