Call back not yet finished, high altitude still needs to continue!

Bitcoin dropped to a low of 92961 this morning, stopping the decline and rebounding. However, it is under pressure from the middle track of the hourly chart. The highest rebound only reached 94240 before falling back. Currently, it is oscillating around 93200, and the main strategy for today is to continue shorting. Pay attention to the support at the previous low of 92200, and then 90200. For now, do not try to catch a long position; it is better to wait for the rebound to test resistance before going for a high position!

The three tracks of the Bollinger Bands on the hourly chart are running downwards. The price is under pressure from the middle track and needs to test the lower track support. The Bollinger Bands on the 4-hour level are also running downwards, with the price being pushed down step by step by the middle track. Since the 20th, the daily K-line has been under pressure from the middle track and is in a retracement. Both the middle and lower tracks are extending downwards, and currently, the bearish momentum is strong, with no signs of a volume reduction to stop the decline, so the main strategy is to go short!

Bitcoin's daily rebound is at 94000 and 95000 for shorts, with targets looking down at 92200 and 90200, and if it breaks, down to 89500.

Ethereum is currently oscillating around 3400 for repair. When Bitcoin is sideways, Ethereum tends to take the opportunity to catch up, so don't be too aggressive with shorts. High positions at 3440 and 3490, with targets looking down at 3350 and 3300 here.