Good afternoon, the morning Bitcoin has continuously risen from the 86852 line to the 88850 line, with the upper resistance level being constantly broken, and the lower support level also rising continuously. Currently, it is in a short-term rebound repair in the market. Overall, the market is still within our expectations, and we only need to follow the trend to operate in the future.

From the daily level, Bitcoin shows a four consecutive positive trend, approaching the previous resistance level around 88800, but has not yet achieved a substantial breakthrough. Although the current market shows a bullish trend, the movement is relatively slow. If the upper resistance cannot be effectively broken, the market may reverse at any time. From the four-hour chart, a medium bullish candle has pulled up, bringing out a long upper shadow. Bitcoin is rebounding after hitting the bottom, forming a bottoming rebound pattern. The current coin price is wandering in the middle track of the Bollinger Bands. After this adjustment, it is not hard to find that the bullish strength is weak, failing to provide a strong rebound, which indicates that the market will further decline; from the one-hour level, the market shows a high-level fluctuation, indicating heavy selling pressure above, and it is recommended to short.

Bitcoin can be shorted in the range of 88000-88500, targeting around 86000; Ethereum can be shorted in the range of 1580-1620, targeting around 1500. #比特币 $BTC