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The price of Bitcoin narrowed in volatility yesterday, with light trading and slight fluctuations in price. The rebound high short strategy yesterday basically met expectations.
Currently, the resistance at the 90500 level above is significant, with multiple attempts failing, and the highs are continuously declining, indicating tight defense from the bears. The oscillating pattern is a buildup before a directional choice. Blindly taking long positions before breaking the resistance carries high risks; the strategy should still focus on short positions primarily, with long positions as a secondary option.
Big pancake: Short near 88800-89600, target around 87800-86300
Ethereum: Short near 3030-3080, target around 2960-2900 $BTC $ETH