Market remains unchanged, wishing everyone a smooth trading day today.

Looking back at yesterday, Bitcoin's overall trend was still dominated by the bears. After a brief rally in the early session, it quickly weakened, and the price continued to fall, with the lowest touching the 90600 level overnight, confirming the bearish outlook. Currently, the coin price is consolidating sideways around 91200.

From a structural perspective, there was no significant rebound after the decline, and the momentum of the rebound was clearly insufficient, indicating that the bulls' willingness to support is weak. If the 90000 level is broken again, bears may further release their pressure, and the market will enter an accelerated downtrend phase.

On the four-hour chart, bearish volume continues to be released, with the price being suppressed near the lower Bollinger Band. Technical indicators are generally bearish, and no effective signs of a trend reversal have been seen in the short term. Overall, the daily operation strategy remains focused on shorting during rebounds, waiting for confirmation of support below before considering bullish opportunities.

Operational reference:
Short in the 91500—92000 zone under pressure, targeting the 90000—88000 range.