The market is currently in a stalemate between bulls and bears, mainly accumulating momentum and consolidating. The resistance above is very clear, and the rebound strength is weakening. Although there may be a breakout opportunity in the short term, the space won't be too large, and it might actually be a better entry point for short positions.

Looking back at last week, Bitcoin's rebound to around 89,500 lost momentum, indicating that the upward driving force is indeed waning, and the possibility of further downward exploration is increasing.

From an hourly perspective, the price quickly tested support and resistance levels but was pushed back down. Each rebound gets stuck, and market sentiment is clearly conservative, with downward pressure gradually building.

Trading strategy considerations: Bitcoin can look for short opportunities in the 88,300-88,600 range, targeting around 86,500. For Ethereum, watch for short entries at 2,970-3,000, with a target around 2,850 below.