1.28 Bitcoin

Overnight Bitcoin once again dipped to around 87200 and is now back above 89000. Given that the rebound momentum has not continued, the strategy this morning remains to approach with a high-altitude perspective.
From the market perspective, although the recent battle between bulls and bears has been intense, the price has not been able to break through the range. The resistance zone at 89500-90000 has been tested multiple times but has not been able to stabilize effectively; the key support level is at 86000. As long as this level is not broken, a low-buy strategy can still be considered. Currently, Bitcoin is under pressure below a minor resistance level, and it is expected to move down first in the intraday, then after the correction ends, re-enter a long position.

For Bitcoin, consider short at 89500-90000, with a target of 88000-87000.
#BTC