【Core Viewpoint】: Comprehensive bearish pressure, the bulls have collapsed, and the depth is bottomless. The current market sentiment is extremely pessimistic. The weekly level 'ugly bearish' pattern has been established, and the daily bullish structure has collapsed. Although there are oversold signals appearing in the short term (4H/1H) and the first profit-taking target has been achieved, the overall trend is still downward, and any rebound should be viewed as an opportunity to add to short positions rather than a reversal signal.

📊 Long-term Trend: Extremely Bearish (1W Weekly)

Current Situation Interpretation: The weekly trend looks very poor, and the bearish pattern has been fully established and is beginning to exert pressure. Last week's bullish attempt to counterattack and close higher has declared failure, which has greatly undermined market confidence.

Outlook: There is a very high probability of continuing to test the previous low point this week, and currently, there are no signs of a bottoming out in the market. For long-term short position holders, now is the time to move your stop loss and protect your profits.

【Weekly Short Position Strategy】

Key Operation: For those holding short positions, please be sure to move your stop loss to protect your profits.

Move Stop Loss/Bull-Bear Division: 116400 (If this price level is unexpectedly broken, the bearish view will temporarily be invalid, and one may try to go long)

Aggressive Short Position Point (High Entry Layout):

Initial Pressure: 94070 (✅ Triggered)

Best Short Covering Area: 102724 ~ 108738

Extreme Pressure: 111241 ~ 116393

Breakdown Chasing Short Position (Right Side Trading): Valid breakdown below 80600

Take Profit Target (TP):

TP1: 87044 (✅ Achieved)

TP2: 62845 (Next Major Target)

TP3: 38645

📉 Mid-term Trend: Bulls Collapse, Testing Previous Lows (1D Daily)

Current Situation Interpretation: The daily line has experienced a 'rise then fall' trend, meaning that the previous rebound attempt has completely failed, and the bullish structure has collapsed. Although the standard bearish arrangement has not fully formed, the market is preparing to test the previous low point support downwards.

【Daily Short Position Strategy】

Stop Loss/Turning Point: 94589 (If this point is broken, the daily level may consider trying a short-term long)

Short Position Point (Counter-Trend Short): It is recommended to pay attention to the range from 89070 (initial pressure) to 90982 (best), with a limit not exceeding 92568.

Breakdown Chasing Short Position: Consider chasing if it falls below 83822 or further below 80600.

Take Profit Target (TP): 79311 -> 69868 -> 60426

⚡ Short-term Trend: Oversold but Bears Established (4H / 1H)

Current Situation Interpretation:

The 4-hour and 1-hour levels have confirmed the bearish pattern's stance.

Important Note: Short-term indicators indicate that we have entered the 'oversold' area, and the TP1 target has been achieved. This means that there may be a slight rebound to repair indicators at any time; it is not recommended to aggressively chase shorts at the current price level. One should wait for a rebound to the pressure zone before laying out, or wait for key support to break down.

The stop loss and short position points for 4H and 1H are highly overlapping, indicating that the 88000-90000 area has extremely strong resonance pressure.

【Short-term Short Position Strategy (4H & 1H Combined Reference)】

Key Operation: For those who have profited from short positions, please move your stop loss to lock in profits.

Move Stop Loss/Short-term Turning Point: 90053 (If this point is broken, short-term bears will pause, and you may try a short-term long position)

Moderate Risk Aggressive Short Area (Wait for Bounce):

Best Position: Near 88178

Last Line of Defense: Near 89002

Breakdown Chasing Short Position:

Aggressive: Falls below 85146 (1H Signal)

Conservative: Falls below 83822 (4H Signal)

Take Profit Target (TP):

Achieved: 87456 (1H✅), 86037 (4H✅)

Next Target Area: 84182 ~ 80822

Deeper Target: 75606

📝 Summary and Operational Suggestions

The current BTC market is under extreme bearish dominance. The operation should firmly execute the 'short on highs' or 'chase shorts on breakdown' strategy, and do not blindly try to catch the bottom at this time.

For those holding short positions: Congratulations on your profits, please move your stop loss down to the 'move stop loss' points mentioned in the above analysis based on your trading level (e.g., move short-term to 90053, long-term to below 116400 for safety), let the profits run.

For those with no positions:

Due to short-term overselling, do not chase short positions at the current price.

Patiently wait for the price to rebound to the 88178 ~ 89000 area (short-term pressure) or the 89070 ~ 90982 area (daily pressure) when obstructed, which is an excellent opportunity to enter short positions.

Alternatively, wait for the price to effectively break below the key support of 83822 or 80600 before pursuing short positions on the right side.