1.9 Bitcoin Auntie's Morning Thoughts

Time flies, and it's already the end of the week. Fridays are usually unpredictable in the market—either follow the trend and push hard, or release emotions collectively, shaking out the hesitant. How it moves is up to the market; we just follow the trend. Wishing brothers a smooth close today.

Recently, market sentiment has been noticeably weak. The Bitcoin trend can be summarized in one sentence—gradually grinding down in a downward trend. Key supports are being broken one after another, with the price dropping directly to around 89,200. Our approach is simple: no guessing the bottom, no bottom fishing, just follow the trend and look for short opportunities on rebounds. The rhythm is clear, and the range has been established. With proper execution, results will follow.

Overnight, Bitcoin did have a rebound from low levels, but it immediately was pressed down around 91,500. This is a typical case of a short-term relief after a big drop, not a reversal. The market is honest: no volume on the rebound, no continuation on the surge—bulls are clearly虚得 (weak/illusory).

From a structural perspective, whether looking at the larger or smaller cycle, the dominance remains with the bears. So far, no decent sign of a bottoming out, let alone a reversal. Until the trend is broken, the only idea is—rebounds are opportunities for bears to get on board; continue testing resistance and short; be patient and wait for the range.

Personal Suggestions
Bitcoin: Short at 91,500-92,200, target below 90,000-88,000, break below to 86,500!
Auntie: Short at 3,130-3,150, target below 3,060, break below to 2,860!
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