A new week, a new beginning. Before the early trading session closes, there is a certain pullback. The weekly chart pattern has not yet allowed Bitcoin to stabilize above the 90,000 level. In the short term, Bitcoin remains consolidating around 88,000. The weekend did not show significant volatility. In the short term, focus on the support levels at the bottom to monitor the range for the future market.

From the market performance perspective, Bitcoin's daily chart recorded three consecutive bearish days, dropping to the lower band of the Bollinger Bands. Although there was some consolidation and recovery with a doji candlestick during this period, the downward trend has not reversed. The overall pattern continues to weaken under pressure. Switching to the four-hour cycle, after the price briefly stabilized around the middle of the Bollinger Bands, the bulls failed to organize an effective counterattack. Instead, there was an accelerated decline with four consecutive bearish candles, and the current price is continuously hugging the lower band. Moving averages and technical indicators are all aligned bearish, clearly indicating room for further downside. Based on this, the morning trading strategy mainly remains to sell on rebounds. Watch for support at 86,000 on the downside.

For Bitcoin, consider short positions between 88,000-88,500, targeting around 86,500. For altcoins, consider short positions between 3,100-3,080, targeting around 2,980. #BTC #ETH