The true value lies not in timing the market perfectly, but in being present after cycles have passed. In the early morning, Bitcoin surged to 89370 but faced resistance and retreated, subsequently maintaining downward pressure, with the current lowest point around 87923. Ethereum rose to 3107 but failed to sustain its upward momentum, currently dropping to around 3052.
From a 4-hour perspective, the price has formed a unilateral downward structure, with the Bollinger Bands showing an opening shape, gradually increasing the downward space. The price continues to refresh recent lows, with bearish momentum remaining strong. The overall market sentiment remains weak, still leaning towards bearish. Looking at the 1-hour level, the three lines of the Bollinger Bands are synchronously sloping downwards, and the current market buying capability is clearly insufficient, entering a weak pattern, with bears likely to break recent lows further. Current prices may experience a rebound correction before further declines, so our morning operations can focus on shorting during rebounds.
Operational suggestions:
Bitcoin: short around 88200-88600
Target: around 87000
Ethereum: short around 3080-3100
