Yesterday to today, the market maintained an overall oscillating downtrend. After multiple failed upside attempts, it ultimately chose to break down, with bearish sentiment dominating.

From the current market structure, the 4-hour level shows that price has effectively broken below the 90700-90000 support level, which has now transformed into short-term strong resistance. The hourly chart displays consecutive long upper shadow candles, with the MACD indicator forming a death cross above the zero line. The RSI indicator continues to run below the 50 neutral level, indicating that bearish momentum is gradually accumulating and rebound momentum is clearly insufficient. Combining technical indicators and price patterns, the current market shows a clear bearish structure. If price fails to effectively break through the upper resistance zone, it may further test the 89000 level. Therefore, the subsequent market approach should be to treat any rebounds as shorting opportunities.

Bitcoin rebounds near 90700-91500 resistance zone, downside targets 89300-88300.
Ethereum rebounds near 3140-3180 resistance zone, downside targets 3050-2980$BTC $ETH #美联储降息