The Bitcoin market structure has weakened, with the current key resistance at $89,000. The price has failed to effectively break through this level, and technical indicators show that bearish momentum is dominant: the 4-hour moving average has formed resistance, and the trading volume exhibits characteristics of 'declining volume on downtrends, and reduced volume on rebounds.'
If it continues to be blocked at $89,000, short-term support should be monitored around last night's low of $87,600; if this level is lost, it may further decline to the range of $85,800-$86,200. In terms of operations, this resistance serves as a boundary for long and short positions, and caution should be maintained with a bearish bias below it; we need to wait for a strong volume breakout to reverse the bearish trend.
Specific strategy: consider shorting in the range of $89,300-$89,800 for Bitcoin, with a target of $87,500; consider shorting in the range of $2,985-$3,020 for Ethereum, with a target of $2,950. #BTC走势分析 #ETH走势分析

