$BTC The recent drop in Bitcoin has directly broken through the key support at 87500, and our analysis suggestions have been validated again! Trading is a game with oneself; adhering to discipline and following trends is the only way to steadily seize opportunities amidst volatility. Congratulations to those who followed the strategy, as this wave of market has captured over a thousand points of space, and Ethereum has also gained over a hundred points.

Currently, this breakdown may indicate the beginning of a new round of decline, with the next target possibly pointing towards the 84000-83500 area. Therefore, today’s overall strategy remains to short at highs, with a key focus on the strength of the rebound during the night. As long as the market cannot break through the 89000-90000 resistance zone, the bearish pattern remains unchanged.

Regarding Ethereum, the 3000 support level mentioned in the afternoon has been broken. In night operations, as long as the rebound does not break through the 3080 resistance, we continue to focus on short positions, with a downside target looking at the 2900-2800 range.

The market is still in a bearish dominant rhythm overall, and any rebounds below key resistance levels are entry opportunities.