🍊Bitcoin Evening Outlook

The minor timeframe has consistently oscillated below the midline of the range. Previously, attempts to break above the 2090 resistance level failed, resulting in a clear pullback. As long as it cannot break above 2090, the short-term bullish momentum will struggle to reverse the weak trend. Only a successful breakout above this level can restore strength to the hourly timeframe.
Currently, it remains below the midline, with a higher probability of testing the lower boundary of the range at 1977. If 1977 is broken, the next support is at the previous low of 1936; if it can stabilize at this level with a double bottom pattern, the subsequent rebound momentum will be more solid. The biggest risk is a direct breakdown that cannot be recovered.

Trading references:
• A volume breakout above 2056 suggests a long entry on the right side, look for continued rebound
• A volume breakdown below 2038 suggests a short entry on the right side, pay attention to volume confirmation, strictly set stop-loss, do not hold against the trend
• If the hourly level stabilizes above 2056, look for targets at 2094-2128
• A 4-hour breakdown below 2046 indicates a downside target at 2013-1966$ETH