#数字货币市场回升 Night Market Observation

Good evening, everyone.

Currently, I tend to maintain a bearish perspective, believing that the downside potential has not yet been fully released. Although there was a brief surge yesterday due to certain news stimuli, this seems more like a consolidation at a high level—once the buying momentum is exhausted, the price could turn down at any time to test the support.

The bulls seem to still be resisting, but in reality, the price is stuck in an awkward position: it has touched the 92,000 line multiple times but has not been able to break through, and the upward momentum is clearly weakening. This position is both a defensive stronghold for the bears and a lifeline for the bulls – whether it can break through with volume will determine the direction moving forward.

Currently, we need to keep an eye on the range of 91500 to 91700: if it really holds with increased volume, then looking towards 93000 is not impossible; but if it can't hold 90000, then it will likely need to go to around 88000 to find support.

My strategy is to set up short positions around 92000, targeting 90000 first, then 88000; with a stop-loss above 92600. In a high-level volatile market, the worst thing is to blindly chase high prices. Controlling your position is more important than anything else, follow the trend, and don't go against it.

$BTC $ETH