Bitcoin Afternoon Market Analysis

Currently, the market momentum of Bitcoin is dominated by the bears. From the low of 90,100, the downtrend has not paused. Although it has been declining, there are no signs of a rebound—this is typical of a bear market.

The 90,000 level will eventually be broken, and technically, there’s no suspense anymore; the trend has fully turned bearish. The bulls are currently exhausted, and the afternoon trading pattern is straightforward: as long as there is a rebound, we continue to short.

In the afternoon, it is recommended to short around 90,500 to 91,000, targeting a drop to 88,000-87,000. The overall rhythm favors the bears; do not bet on a rebound.