Last night, starting from the high point of 90500, the pressure was very obvious. During the day, the market continued to decline, dropping to a low of 89260. It didn't improve much, following #数字资产动态追踪 downward, reaching a low of 3074.

On the four-hour chart, the price is fluctuating near the upper band of the Bollinger Bands. There was a rebound during the previous pullback, but now the downward pattern is basically confirmed. The hourly chart? Five consecutive bearish candles, with a technical rebound after hitting the bottom, which is normal. The market is actually switching hands and accumulating momentum. We need to wait for this process to fully unfold before there can be a decent trend. The current approach is very clear—at the high end of the oscillation range, continue to maintain a bearish outlook.

Specifically: Bitcoin can be shorted in the 90000 to 90500 range, with a target around 88500; Ethereum has a shorting opportunity between 3100 and 3120, with a downside target around 3000. In simple terms, reduce positions at high levels, sell on rebounds, and patiently wait for the bottom chips to stabilize before considering other strategies.