With the US stock market closed on the weekend, Bitcoin's trading volume also significantly shrank. Yesterday, the overall trend remained volatile, with multiple dips below 90,000, reaching as low as around 89,600. Subsequently, a rebound occurred in the early morning. Reflecting on yesterday's operations, we relied on a high-level strategy to accurately grasp two rounds of declines, resulting in a fruitful outcome!

From the 4-hour chart, Bitcoin remains in a weak structure. The previous surge faced resistance and fell back, with subsequent rebounds showing weak momentum, and the bears firmly maintain control. In terms of market sentiment, although the 24-hour trading volume did not show extreme shrinkage, during the price rebound, buying support was weak, and each upward attempt was quickly suppressed. This indicates that the selling pressure from trapped positions at high levels is still being released, and short-term market momentum is lacking. Therefore, we continue to maintain a high-altitude short position strategy!

Bitcoin rebounds near 90800-91500 resistance, with support at 89800-89000;
Altcoins rebound near 3090-3130 resistance, with support at 3000-2950. $BTC $ETH #美联储降息