Bitcoin's short-term analysis shows that the short-term rebound momentum on the hourly level has already shown signs of weakening, and the upward pressure on prices is clearly insufficient. This directly reflects the market's low enthusiasm for chasing highs, and the short-term trend is likely to be dominated by oscillation digestion.

Above the key support level, a cautiously optimistic trading approach can be maintained; if the lower support level is broken with significant volume, one should be wary of a deep correction in the market.

The current market performance is sluggish, and the operation can combine short-term and medium-to-long-term layouts while adhering to a bearish outlook. It is important to remind that it is not advisable to rush into bottom fishing at this stage, as the market has not yet bottomed out, and blindly entering can easily lead to being trapped at a temporary high.

Bitcoin can be positioned near the resistance around 89.2k, targeting 86600-85500.

Ethereum can be positioned near the resistance around 3030, targeting 2800-2780.