In the early trading, Bitcoin was bearish at 94,000, which was successfully cashed out. The bears won. This time, Powell's market crash was beyond everyone's expectations.

The 4-hour oversold signal has not yet been triggered. It seems that there is still a possibility of further decline to form oversold conditions. At present, Bitcoin focuses on the support of 90,000, and Ethereum focuses on the support of 3,000. The market has fluctuated and is bearish in the past two days. The rebound still gives opportunities for bears.