Although the intraday fluctuations are not large, the intention of the trend is quite clear: the upward movement lacks strength, while the support below is solidly holding up. Both bulls and bears are waiting for direction and a breakout. Such a market tests one's mindset the most; many people become anxious and chaotic at the sight of stagnation, but those who remain steady can actually spot key turning points from these small fluctuations. The slower the market is, the more one needs to stay calm, not chase, not panic, and not make rash moves. Once the direction emerges, it will be a solid opportunity. The cryptocurrency market never disappoints those who are patient. By maintaining a steady mindset, you will find that each period of accumulation is for the next bigger harvest.
From a four-hour perspective, Bitcoin is continuously pressured around the previous high of 91338, with the rebound strength clearly insufficient. The K-line body is relatively small, and the upper shadow is long, indicating a typical weak oscillation structure. The 90000 level below has been held multiple times but has never formed an effective upward attack, indicating that the current bulls are only passively repairing. The one-hour level is the same; the consecutive red bars have no continuity, and the highs are gradually declining, remaining in a minor pullback state with no signs of a trend reversal. The overall rhythm is still weak, oscillating within a converging range both up and down. As long as there is no strong breakout, the rebound is still viewed as a buffer for the bears.
Short Bitcoin near 91000, targeting around 89800;
Short Ethereum near 3140, targeting around 3090.
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