Bitcoin rebounds to around 91,600 after a low, but faces resistance. This round of rally is merely a technical correction after being oversold and does not signal a trend reversal.
From the current market characteristics, the rebound shows two obvious weaknesses: a lack of volume during the rally, and a lack of continuation in the upward push, revealing the bearish dominance. In terms of cycle structure, whether on a large or small cycle, the bears remain firmly in control, and no effective signs of stabilization have appeared.
Strategy-wise, as long as the trend remains unchanged, the approach stays the same: a rebound is a good opportunity to enter short positions. Continue to look for short entries at key resistance levels, and patiently wait for further downside potential to be realized.
Bitcoin: Short near 91,500-92,000, target 90,000-88,000
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin rebounds to around 91,600 after a low, but faces resistance. This round of rally is merely a technical correction after being oversold and does not signal a trend reversal.
From the current market characteristics, the rebound shows two obvious weaknesses: a lack of volume during the rally, and a lack of continuation in the upward push, revealing the bearish dominance. In terms of cycle structure, whether on a large or small cycle, the bears remain firmly in control, and no effective signs of stabilization have appeared.
Strategy-wise, as long as the trend remains unchanged, the approach stays the same: a rebound is a good opportunity to enter short positions. Continue to look for short entries at key resistance levels, and patiently wait for further downside potential to be realized.
Bitcoin: Short near 91,500-92,000, target 90,000-88,000
Ethereum: Short near 3,130-3,180, target 3,050-2,950$ETH $BTC #GT2025第四季度销毁完成