Tuesday, rebound is not a reversal, still short at key points

Yesterday, Bitcoin initially rose then fell back. During the US session, it reached around 88,800 before facing resistance and correcting downward. Although there was a rebound, it was not a reversal. The upcoming Federal Reserve rate decision is very critical and will directly influence the month's direction. For now, take a wait-and-see approach; being cautious is never wrong. Today's strategy is to short at key points.

The daily chart still shows a weak pattern, but on the four-hour chart, there was a series of consecutive bullish candles recovering some ground. It looks strong, but in fact, the trading volume is weak. Current resistance is concentrated at 90,300/91,200. When the rebound reaches these two zones, consider shorting. Until a reversal occurs, stick to one direction. As the Spring Festival approaches, there will likely be another big decline. Whether you can keep up and profit depends on everyone's patience.

Bitcoin: Suggest shorting in the 89,500-90,000 area, target 87,000, with a break below to watch 86,000

Ethereum: Suggest shorting in the 2,980-3,010 area, target 2,880, with a break below to watch 2,800

A senior mentor with eight years of experience, a witness to bull and bear cycles. Instead of fighting alone, it's better to walk with the light. Buddha guides those with affinity; I await sincere people. #黄金白银再创新高