🧧The weekend has rebounded quite a bit, but I still hold my previous view that a rebound does not mean a reversal. There is considerable resistance at the 88300 and 90000 levels for Bitcoin. Let's talk about reversal only after a breakthrough; for now, shorting during the rebound is the safest option!

The market's decline has been very smooth; let's discuss how to proceed with trades:
Recently, the overall market is still maintaining a downward rhythm, with insufficient rebound strength being the most noticeable characteristic during this period. Whether it's BTC or ETH, despite several short-term tests of the bottom, there has been some rebound but it lacks continuity, and the upper moving averages continue to exert pressure, indicating that market sentiment remains cautious.
Before the bulls form an effective relay, the price is likely to maintain a weak oscillation structure, with interval rebounds being more technical corrections.

From a structural perspective, both BTC and ETH are operating below the 1-hour and 4-hour moving averages, and the trend inclination has not changed. The trading volume clearly slows down when rebounding to key resistance zones, which is an important signal indicating that the rebound is difficult to sustain.
Current opportunities are mainly concentrated on the "dislocation of rebounds," rather than fleeting emotional fluctuations following the trend. Only after probing key support and stabilizing, or showing a reversal pattern with volume-price coordination, will the winning rate of short-term bulls increase.

Therefore, before the trend reverses, encountering pressure during rebounds is the main logic!
$ETH #美国非农数据超预期
{future}(ETHUSDT)