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Yesterday's bearish outlook was clear. Congratulations to friends who followed the trend and successfully booked profits! Overnight, the price repeatedly rebounded near 90500 but faced resistance and pulled back. The 88800 level below formed an effective support.
From the current market situation, there is heavy resistance above, and without breakthrough momentum, it is difficult to open up space for upward movement. Although there are short-term long opportunities, the overall trend remains bearish; the four-hour chart shows signs of warming but stalls at the upper band without extension, and the rebound strength is weak. This morning's operations mainly focus on short positions, patiently waiting for rebounds to position, and grasping the market rhythm!
For Bitcoin, it is recommended to short near 89300-90000 during rebounds, with targets around 88000-87000.
For altcoins, it is suggested to short near 3030-3060, with a target around 2930-2860.