Bitcoin surged to around $91,600 in the morning but faced selling pressure and retreated. Bears continued to push through key support levels, with the lowest touch at the $90,000 round number. Our morning short positions successfully captured this decline with over 800 points of profit. Ethereum moved in sync with weakening performance.
The current technical structure is clearly bearish: price broke below the 90,800-91,000 support zone with volume, the 4-hour chart formed a secondary high resistance with moving averages showing early signs of bearish alignment. MACD and RSI momentum indicators simultaneously weakened, indicating that bear momentum remains in the release phase. #GT2025第四季度销毁完成 $BTC
If the subsequent rebound cannot hold steady above $90,800, we expect continued weakness to explore lower levels. Key attention should be given to the strong support zone at 89,000-88,500 below. Operationally, it is recommended to primarily set up short positions on bounces for selling rallies, with close monitoring of price performance under pressure in the 90,500-90,800 range. Market volatility is intensifying, please pay attention to risk management.
Bitcoin surged to around $91,600 in the morning but faced selling pressure and retreated. Bears continued to push through key support levels, with the lowest touch at the $90,000 round number. Our morning short positions successfully captured this decline with over 800 points of profit. Ethereum moved in sync with weakening performance.
The current technical structure is clearly bearish: price broke below the 90,800-91,000 support zone with volume, the 4-hour chart formed a secondary high resistance with moving averages showing early signs of bearish alignment. MACD and RSI momentum indicators simultaneously weakened, indicating that bear momentum remains in the release phase. #GT2025第四季度销毁完成 $BTC
If the subsequent rebound cannot hold steady above $90,800, we expect continued weakness to explore lower levels. Key attention should be given to the strong support zone at 89,000-88,500 below. Operationally, it is recommended to primarily set up short positions on bounces for selling rallies, with close monitoring of price performance under pressure in the 90,500-90,800 range. Market volatility is intensifying, please pay attention to risk management.