Yesterday, Bitcoin repeatedly failed to break through the key level of 90,000, with the lowest dip reaching around 87,200. Our two high-altitude positions yesterday both yielded full gains. Although a rebound and correction followed, the price remained constrained within the downward trend zone, with selling pressure still strong above.

From the current market structure, Bitcoin's 4-hour chart shows a brief rebound followed by renewed pressure and decline. The middle Bollinger Band continues to move downward, forming strong resistance, and the overall trend appears weak. There are no effective reversal signals in the short term, and the market remains dominated by bears. The suggested intraday trading strategy is to short on rallies near resistance levels.

Short positions around 90,800-91,500 on Bitcoin, targeting 88,300-86,800;
Ethereum short positions around 3,060-3,100, targeting 2,910-2,810. $BTC $ETH