Good afternoon, the bearish outlook from this morning has once again been confirmed. The Bitcoin price rebounded to a peak of 94409 in the morning, but faced selling pressure and fell back, oscillating downwards, hitting a low of 92788. Our Bitcoin short position successfully captured a 1300 point move. There are opportunities every day, and when each wave of market movement arrives, it tests a mentor's ability to analyze the current situation accurately. Only by doing so can we maximize benefits and provide more opportunities for students.

From the current market perspective, after a four-hour series of gains, the price has not approached the 94000 level before facing selling pressure and falling back. The Bollinger Bands are in a contracting pattern, with bulls providing some rebound, but the strength of the rebound is limited, oscillating around 93500. In the future, the bears will continue to exert pressure; looking at the one-hour chart, the candlesticks show a three-bar upward movement, and the Bollinger Bands are gradually contracting, but the overall volatility is small. Currently, we are in a phase of consolidation; after this pullback, it is not difficult to see that the bullish momentum is weak, and there is resistance above. The afternoon strategy remains unchanged; initially look for a rebound, then aim to short.

In the afternoon, Bitcoin can be shorted at 93700-94200, targeting around 92000. Ethereum can be shorted at 1780-1810, targeting around 1700. #比特币 $BTC