#Brothers! Good morning
Yesterday's market trend perfectly met expectations, and of course, the gains are substantial. Whether it was the short-selling points given or the downward targets, all have successfully reached their destinations. From the current perspective, those looking to bottom-fish in the short term need to wait a bit longer.
In the 4-hour structure chart, the short cycle has not formed a downtrend channel with moving averages. The K-line has been continuously declining along the direction of the moving averages and has now reached the double bottom support structure below. Considering the overall strength of the rebound so far, it seems that the chips at the double bottom structure are insufficient, and the rebound strength is not strong enough. A deeper correction is needed to stimulate the bulls' buying interest. Continue to maintain a bearish outlook during the day.
Short Bitcoin in the range of 95400-95800, with a target of 91000-90000
