A new week, a new beginning. Before the early trading session closes, there is a certain pullback. The weekly pattern has not allowed Bitcoin to stabilize above the 90,000 mark. In the short term, Bitcoin remains in a consolidation around 88,000, with the weekend not showing much volatility. In the near term, pay attention to the bottom support to focus on the subsequent market range.

From the market performance, Bitcoin's daily level recorded three consecutive bearish candles, probing down to the lower Bollinger Band. Although there was a cross star candlestick pattern for consolidation and repair, the market's downward trend has not reversed, and the overall pattern still remains under pressure. Switching to the four-hour cycle, after a brief stabilization at the middle Bollinger Band, the bulls failed to organize an effective counterattack, instead accelerating downward with four consecutive bearish candles, and the current price continues to stay close to the lower band. The moving averages and technical indicators are synchronized in a bearish arrangement, clearly indicating that there is still downward space below. Based on this, the morning operational strategy maintains a focus on shorting during rebounds, paying attention to the previous support at 86,000.

Bitcoin can be shorted in the range of 88,000-88,500, looking at around 86,500. Ethereum can be shorted in the range of 3,100-3,080, looking at around 2,980. #BTC #ETH