Under the background of the US stock market being closed today, the strong rebound in the morning market is quite a surprise— even the steadfast long positions camp wouldn't rashly chase the price in actual operations; it is likely that many traders have missed this pulse-like market.

The current rebound momentum of Bitcoin came to a sudden stop at the 91800 level, subsequently shifting into a narrow consolidation pattern. Although the short-term remains relatively strong, the core trading rule of "not chasing the price at high levels" remains a fundamental principle for Jinchuan. The strategy in the afternoon continues to follow the logic of short positions.
For Bitcoin, you can consider placing short positions in the range of 91500-92000, with the first target looking towards the 90000 round number. If it effectively breaks below, then look down towards 88000; if the 90000 support stabilizes, you can flip to take long positions.
ETH: Short in the range of 3040-3070, target: 2970