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It's already the weekend again. On Fridays like this, the market usually doesn't follow normal logic—either it swings sharply along the trend or it releases emotions intensively to shake out the indecisive traders. How it ends is up to the market; we just follow the rhythm. Wishing everyone a successful close.
The recent two days have been noticeably dull, and the only feeling about Bitcoin's performance is continuous downward pressure. Key levels are being broken one after another, with the price dropping to around 89,200. Our strategy is simple: don't try to catch the bottom, don't buy the dip, just stay bearish and short on rebounds. The rhythm is clear, and the decline is tangible. Following this approach should yield profits.
There was a rebound overnight, but it was suppressed around 91,500. This isn't a reversal signal; it's just a correction after a sharp decline, a breather needed. The market shows honesty: volume on rebounds is low, and the upward momentum is weak. The weakness of the bulls is obvious.
From a structural perspective, both the larger and smaller cycles are dominated by bears. So far, there are no signs of a meaningful bottoming, let alone a reversal. As long as the trend isn't broken, the strategy remains the same: rebounds are opportunities for bears to enter, continue shorting at resistance levels, and wait for further downside.
Trading suggestions:
Bitcoin short at 91,500-92,200, targeting 90,000 to 88,000, and watch for a break below 86,500.
Ethereum short at 3,130-3,150, targeting 3,060, and a break below 2,860.