After rebounding to 98000, the current price failed to maintain an upward trend and instead entered a correction phase, showing an overall retracement trend. At midnight, the price dropped to 94100 before bouncing back; this support level has not yet been effectively breached. If it is effectively broken, bearish forces are likely to push the price further down, with the key support level at 92000 becoming the focal point of attention. From the current rebound strength, the bullish strong pattern has been broken, the upward path is heavily obstructed, and the lower space is gradually opening up, with no signs of a halt in the overall trend; the likelihood of the price moving down towards the 90000 mark is quite high. Therefore, the operation remains primarily focused on short positions!
Short Bitcoin at 96500-95500, targeting around 93000-90000. Short Ethereum at around 3330-3380, targeting around 3200-3100.
