#美国非农就业数据未达市场预期 Recently, watching Bitcoin's price movement has been quite frustrating. Yesterday, it rebounded to 92,000 but couldn't hold, then dropped back to around 90,500 and kept fluctuating—this clearly indicates the bulls are losing momentum.

From a technical perspective, it's obvious what's happening: the short-term upward trend line has been broken, the 5-day and 10-day moving averages are still pressing down from above, the MACD has already crossed into a death cross, the green energy bars are still expanding, and the RSI has dropped to around 42, indicating a weak zone.

The 4-hour chart explains the situation even better. There was a rebound from the lower band of the Bollinger Bands at 89,262, but the trading volume couldn't keep up. Plus, the Bollinger Bands are narrowing, and various moving averages are stacked above, creating resistance—such a rebound is likely to lose steam halfway through.

The current strategy is to consider short positions in the 91,500 to 92,000 range, with initial targets around 90,000 to 89,000, and then make further judgments based on volume and support levels.