Success is not about luck; choice is greater than effort. The circle determines destiny. In the crypto world, besides having the sharp eyes to judge the situation, you also need to follow a good team and a good guide. Most of the intraday market is in a rebound recovery within a volatile market. In the evening, the major coin rebounded to a high of 89,940 before falling back into oscillation and tug-of-war, hovering around 89,500. Ethereum's fluctuation range is relatively small, dropping from the evening high of 3,177 to around 3,135. Old Chen did not make many moves tonight; the market volatility is indeed too small, and the short-term trend is also narrowing. It is expected that there will be no significant fluctuations later, so better to rest early and come back tomorrow to continue pushing.

The daily price comparison shows that after breaking out of the wide-range oscillation zone over the weekend, it rebounded sharply. Now, it depends on whether there will be a second upward attempt. On the hourly level, after a series of small upward moves, it is temporarily maintaining a narrow oscillation. In the short-term, there may be some adjustment and correction, and today also shows a slight rebound and correction trend. On the 4-hour chart, it has already broken below the previously mentioned mid-line support and is temporarily maintaining weak oscillation between the middle and lower bands. During the session, there was little rebound strength, with K-lines continuing downward along the short-term moving averages, indicating a generally weak short-term trend. Future movements should still be approached with a rebound mindset.

Tonight, consider shorting Bitcoin around 89,700-90,000, with a target of 87,000. Ethereum can be shorted around 3,155-3,175, with a target of 3,030.