On Monday morning, after the big pie attacked the high point of 89600 and then retreated, it dropped to the low point of 87845 before stopping the decline and then entered a volatile upward rhythm. In the evening, it reached a high of 90599 before being pressured and falling back; the instrument also showed a volatile rebound trend, after dropping to a low of 2966 in the morning, it stopped declining and rose again, and in the evening, it reached a high of 3077 before falling again. Lao Hu's short positions near the big pie at 89000 and the instrument at 3040 were originally intended to be positioned after gaining some space, but ultimately they were stopped out at breakeven due to the subsequent surge in the market, which is indeed a bit regrettable.

　　From the current market perspective, the four-hour level has shown a rapid surge, with prices once reaching a high of 90599. However, after the surge, there was a significant pressure and decline, with bearish signals gradually appearing on the market, and short-term correction expectations significantly increasing. In terms of technical patterns, prices quickly retreated after breaking through the upper Bollinger band, returning to operate below the upper band. Although the Bollinger band has expanded, the upper band has shown signs of flattening, and after the breakout, it failed to stabilize, which is a typical technical pressure signal. Additionally, the K-line formed a long upper shadow, reflecting strong selling pressure above, making it difficult for bullish momentum to sustain, and the retreat after the surge verified the market's fading enthusiasm for chasing highs. Furthermore, from the previous trends, this round of rebound is nearing its end, and the demand for profit-taking from the accumulated short-term gains will further drive the correction market. For subsequent operations, Lao Hu still suggests focusing on short positions based on key resistance levels.

　　Operation Suggestions

　　You can short the big pie near 90000—90500, target initially at 87500

　　You can short the instrument near 3060-3080, target at 2940$BTC $ETH