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Analysis of the Afternoon of the 25th
The current situation is clear: Bitcoin is in a volatile downward trend, with rebounds lacking trading volume support and clearly insufficient upward momentum. In this market environment, there’s no need for complex strategies over the weekend; the core approach is simple: follow the trend and focus on short positions.
Multiple short-term attempts to rebound have faced resistance, with the 89,500-90,000 range becoming a clear resistance zone. Due to continuous shrinking of trading volume, upward attempts are weak, and every rebound is an opportunity to position for short trades.
In summary: now is not the time to bottom fish, but rather to patiently wait for rebounds and participate in the downward trend accordingly. The bullish sentiment is gradually fading, and bearish forces are gaining dominance. This weekend, it’s recommended to continue with a bearish mindset, and strictly follow the plan—being disciplined is more important than blindly expecting a rally.
Trading Suggestions
Short at around 89,300-89,800 on rebounds, with targets down to 88,100-87,600. If broken, continue to look for 87,000.
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