【BTC Trend Follow-up】After breaking key support, is the short-term rebound just a breather?

Last night, Bitcoin dipped to around 93,500, touching the 4-hour MA99 support zone, and a short-term rebound occurred. The current price is fluctuating around 94,200.

From the structure, the bearish trend has not changed, with highs continuing to decline and rebound momentum being weak: the 1-hour chart formed a small double bottom but failed to break through the 94,850 resistance. The 4-hour chart shows a bearish alignment of moving averages, and the rebound remains weak. If the rebound does not exceed 95,000, there is still a risk of further declines!

If it stabilizes above 95,000, there is hope to alleviate downward pressure, with targets looking at 96,000-96,500. If it falls back below 93,500, we may need to look at 92,800 or even 91,000.