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Bitcoin surged to around $91,600 in the morning before facing resistance and pulling back. With continued bearish pressure, it broke below key support, touching a low of $90,000. Our short positions set up earlier in the day successfully captured this decline, with profits exceeding 800 points. Ethereum also followed the weakening trend.
The current technical structure has clearly turned bearish: the price has volume-violated the support zone of 90,800-91,000, the 4-hour chart shows a secondary high point resistance, and the moving average system is forming a bearish arrangement. Momentum indicators like MACD and RSI are also weakening, indicating that bearish momentum is still being released. #GT2025第四季度销毁完成 $BTC
If the rebound cannot hold above $90,800 in the future, it is expected to continue the weak trend and test the lows. The key support zones below are 89,000-88,500. It is recommended to mainly set up short positions on rebounds and to closely monitor the price's resistance in the 90,500-90,800 range. Market volatility is increasing, so please pay attention to risk control.