Yesterday, I positioned for a high-level short on Bitcoin, and in the morning, Bitcoin dipped to the 92,500 level. The mistress also synchronized a high-level short strategy, which was perfectly executed!

During the daytime, the white session continued its weak trend, with Bitcoin under pressure and falling to a low of 90,723 before finding support. The second Bitcoin also retreated from a high of 3,200 to around 3,106.

From the market structure perspective, the current overall trend is downward, with previous highs continuously moving lower. The rebound strength is weak, and each retracement is met with selling pressure, pushing prices back down. After losing the key support at 91,000, the rebound attempt entered a consolidation phase, and bullish momentum significantly weakened. The trend remains bearish. On the hourly level, consecutive bearish candles are pressing down, with lows continuously being refreshed, showing signs of accelerated decline. Although there are slight signs of stabilization around 91,100, the sustainability is severely lacking, more like a brief pause during a downtrend rather than a bullish signal. The overall rhythm remains that of a rebound facing resistance and then declining again, with bears dominating the market. No signs of a trend reversal have appeared yet. It is recommended to focus on rebound resistance levels for positioning!

Bitcoin rebound control around 91,800-92,500, with a downside target of 90,000-89,300.
The mistress rebound control around 3,130-3,170, with a downside target of 3,050-3,000.