Bitcoin continued to decline yesterday, with this round of rebound being pressured around 99,500, forming a secondary drop.

Currently, it has not broken below the previous low of 92,500, and this position has formed two support retests.

If it fails to hold this level in the next test, the price may drop below the 90,000 mark in the coming days.

The four-hour key level for this week is 97,700. On Thursday, a rapid decline began after breaking below this level.

Yesterday, there was a second drop after rebounding and touching this level.

Therefore, for a real rebound to form in the trend, even if it's short-term, we need to watch the breakout and stabilization at 97,700.

On the hourly chart, after probing the bottom near 93,500 yesterday, there was a rebound. The weekend is expected to be mainly routine fluctuations.

For the rebound highs, the resistance above is at 95,200. For today, the rebound range is 95,200-95,500 for shorts, looking down at 93,000.

Ethereum has formed support around 3,300, with a rebound today at 3,390-3,410 for shorts, looking down at 3,300!