$BTC $ETH Friday Morning Bitcoin and Ethereum Analysis and Trading Suggestions

Reviewing yesterday's market, Bitcoin faced pressure and fell from a high of 93100, reaching a low of around 87976 in the evening, a drop of nearly 5200 points, currently trading around 88839; Ethereum fell from a high of 3227 in the early morning to a low of 2978 in the evening, a decline of over 220 points, now reported around 2993, with the daily chart showing a clear downward trend.

From a four-hour perspective, Bitcoin prices have continuously closed in the red and continued to decline, with the Bollinger Bands showing a contraction; the moving average system and other technical indicators are aligned bearishly; the MACD indicator is above the zero line, with the DIF line crossing below the DEA line forming a death cross, and the red momentum bars continue to increase, indicating that the current market is still in a downward trend.

Positioning short orders around 90000-89500 for Bitcoin, looking at the 87500 area

Ethereum is trading in line with Bitcoin's trend.