Wednesday, the bearish sentiment is too strong, be cautious when fighting the trend and making aggressive sell actions.

Bitcoin in the Asian session rose to around 89,500 and then was pressured for consolidation. This is also the third consecutive day of high closes after this week, indicating a slow upward action like a bulldozer, which suggests that the bullish trend is still ongoing. At this moment, don't be too stubborn.
In recent days, we have found it very difficult to short, so it is better to wait and see, waiting for the Federal Reserve's interest rate cut decision release in the early hours, because market data usually rises first before reversing, so don't rush. Early in the morning, consider maintaining capital when shorting around 89,000.
The daily line shows three consecutive bullish days, the bullish trend should continue, structurally there are no signs of reversal downward after the increase, and there are signs of increasing volume and short-term upward space release. Resistance above is concentrated at 90,000/91,300, watch for testing these two resistance levels today. If not broken, stay short.