Monday, Asian market sharply declined with a rebound; continue short below 90,000.

After a sharp drop to 86,000 in the early session, Bitcoin's bulls strongly rebounded, indicating that buying interest is rebuilding significantly. At this point, it is not advisable to chase aggressively. Focus on testing the first key resistance at 90,000. If it does not break, continue to short boldly!

To put it simply, during the day, avoid shorting temporarily. Use 90,000 as a dividing line to reference entry points. Such a sharp decline followed by a rebound of a couple of thousand points is within the normal correction range. Therefore, do not chase; patiently wait for the rebound to short at higher levels.

Bitcoin: Suggest shorting in the 88,900-89,350 range, reserve positions for above 90,500, target 85,500.

Ethereum: Suggest shorting in the 2,900-2,930 range, reserve positions for above 3,000, target 2,720.

A seasoned mentor with eight years of experience, a witness to bull and bear cycles. It’s better to walk with light than to fight alone. Buddha guides those with affinity; I wait for sincere people. #黄金白银再创新高