US stocks are closed over the weekend, and Bitcoin trading volume has significantly shrunk, with the overall trend showing oscillation yesterday. The price repeatedly tested below 90,000 during the session, with the lowest touching around 89,600, then rebounded shortly after midnight. In yesterday’s operations, we seized two clear decline opportunities, with decent gains.

From the 4-hour chart, Bitcoin remains in a clearly weak pattern. After a previous surge, it pulled back under pressure, and the subsequent rebound momentum continues to diminish, with the bears firmly controlling the situation. Regarding market participation, although there hasn't been extreme contraction, every time the price rebounds, the buying power is noticeably insufficient and is often quickly suppressed. This indicates that the chips trapped at high levels earlier are still being released, and there is a lack of upward driving force in the short term. Based on these judgments, our trading approach continues to follow the high shorting strategy without change for now.

Specifically: Bitcoin’s resistance on the upside is around 90,800-91,500, with support at 89,800-89,000; Ethereum’s resistance on the upside is near 3,090-3,130, with support at 3,000-2,950.