What is the outlook for the afternoon market? Let's first look at the technical analysis. On the 4-hour chart, Bitcoin shows a clear downward pattern, with short-term momentum significantly weakening. The price has already approached the key support level at 89,588.1. The bearish engulfing signal on the candlestick chart is very clear, and the short-term moving averages are also trending downward, indicating a strong overall bearish signal.

However, it is important to note that the price is still above the long-term moving averages, which suggests that the medium- to long-term trend has not fully reversed. In other words, there is still a technical basis for a rebound.

What is the current strategic approach? Since the short-term bearish signals are so obvious, with moving averages trending down and candlestick patterns showing bearishness, shorting around the resistance zone of 89,630.8-90,364.2 is a high-probability move that follows the trend. The afternoon trading strategy will still focus on entering short positions at higher levels.

Specifically: Bitcoin can consider shorting in the range of 90,800-91,300, with targets at 89,500-89,000; altcoins like Ethereum can short around 3,140-3,160, with targets near 3,080-3,030.