1.9 Morning Market Analysis

Time flies, and it's already Friday. At this point, the market often behaves unpredictably—either accelerating along the trend or releasing emotional pressure by clearing out all the wavering chips. How to move depends entirely on the market stance. We just need to follow the rhythm. I hope everyone can end the day safely.

In the past two days, the market sentiment has been noticeably subdued. The Bitcoin's movement can be summarized as—gradual decline with downward pressure. Key support levels have been consecutively broken, with the price dropping to around 89,200. Our strategy has always been clear: do not guess the bottom, do not chase the bottom, just follow the bearish trend. Every rebound is an opportunity to short. The timing points are clear, and the range has been established. Strict execution will naturally lead to results.

Last night, Bitcoin did show some rebound from the lows, but as soon as it approached 91,500, it was quickly suppressed. This is a technical correction after an oversell, not a reversal signal. The market clearly indicates: no volume on the rebound, no sustained upward attack. The bulls are clearly losing strength.

From the trend structure, regardless of the timeframe, the initiative still remains in the hands of the bears. So far, there are no signs of effective stabilization, let alone a reversal. Until the trend pattern is reversed, there is only one approach—every rebound is an opportunity for bears to re-enter. Continue to short at resistance and patiently wait for the downward space to unfold.

Trading Suggestions
Short near 91,600-92,100 on rebounds, target 90,200-89,500. If broken, continue to look down to 87,000.