Bitcoin Price Trend Analysis

Last night, Bitcoin fell to a low of $90,800, indicating a continuation of short-term weakness. Current market sentiment is relatively gloomy, with dual pressure around $93,000 and support near $89,000.

From a technical perspective, the 4-hour chart shows a clear downward trend. In recent instances, the price has successfully broken below the lower support level within the 4-hour time frame, and the candlestick continues to decline, suggesting further potential drops in the short term. In intraday trading, bearish forces dominate. The support strength at the $90,000 level is worth monitoring; if broken, the downward trend may continue.

In terms of trading strategy, it is recommended to set short positions in the $92,300-$92,800 range, with target levels around $89,500-$90,500. Ethereum's trend is also expected to synchronize with Bitcoin, with target levels around $3,200-$3,250. Caution is advised; please manage risk effectively during periods of increased volatility. #币安HODLerTHE #比特币关键区间 #NOT市场动态