During the midday session, the market experienced a technical rebound after a round of decline. The Bitcoin price recovered but was clearly resisted around the 90100 level; the second coin also rebounded to around 3000. Overall, this looks more like a normal correction after a decline rather than a trend reversal.



From a structural perspective, the market remains in a weak pattern. Although the daily chart found some support near the lower band and closed with a small bullish candle, the rebound momentum is limited. The MACD and KDJ indicators still maintain a bearish alignment, and the directional trend has not changed. On the four-hour chart, the Bollinger Bands are still trending downward overall. While there are some consecutive bullish candles in the short term, they are often accompanied by upper shadows, indicating heavy selling pressure above and insufficient bullish continuation.

Based on a comprehensive assessment, if the market continues to rebound in the afternoon, the main strategy remains to short at high levels with resistance.

Reference strategy:
Focus on shorting Bitcoin above 90000, targeting the range of 87000–86000, with stop-loss controls as appropriate;
Monitor the resistance around 3000 for the second coin, with targets at 2900–2850.
BTC-0.29%
ETH-1.08%
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