1.28 Bitcoin quickly retreated after touching 89,500 in the morning, forming a clear upper shadow on the candlestick. This kind of K-line structure usually indicates heavy selling pressure above, rather than a genuine strong breakout.

The current core issue is the divergence between price and volume: the price rises without corresponding trading volume, which weakens the validity of the breakout. This situation often points to market manipulation, where false breakouts are created to induce bullish sentiment and lure in buyers.

The area around 90,000-90,800 remains a key resistance. If the price rebounds to this zone again and shows signs of weak upward momentum and shrinking volume, it would be the best opportunity for us to enter.

More attention should be paid to the stronger resistance zone at 91,500-91,800. If the price can break through this area with strong volume, it may indicate the short-term downtrend has failed, and short positions should consider strict stop-loss execution.

Today’s trading plan remains a high short position $BTC

Hunting zone: short near 90,000; pre-set additional short at 90,400-90,800
Target zone: 88,780; if broken, watch for 88,200→87,500
Withdrawal line: 91,800 (final line of defense, exit if broken)

In the current market conditions, the risk-reward ratio of chasing longs is relatively poor. A more prudent strategy is to patiently wait for the price to rebound to key resistance levels and observe its momentum. If signs of stagnation appear, it can be considered a high-confidence counterattack opportunity!