Bitcoin faced resistance at the 1092 level last night and fell back. The current price is rising again to 1090. The 4-hour chart shows that the Bollinger Bands are continuing to narrow, with the price being pressured by the upper band. On the daily chart, the highs are gradually moving lower. The recent short-term rally has not effectively broken through key resistance and stabilized. A rebound is not a reversal; if there is a rebound, continue to short at high levels.

Bitcoin: short near 1092, add short at 1096, target 1075-1065

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