Yesterday morning, Bitcoin started a continuous decline from the 93,300 level, reaching a low of 87,900 by this morning, with altcoins weakening simultaneously. Our high-control layout for Bitcoin and altcoins provided yesterday at noon was both accurate and fulfilled! Based on market sentiment analysis, the bullish forces previously accumulated at high levels have already weakened, with consecutive bearish candles breaking through key support levels, indicating a clear sign of capital fleeing. Although there has been a slight rebound in the current price, this is definitely not a reversal signal; the overall trend has clearly shifted to bearish!

From the current market situation, the 4-hour Bollinger Bands are showing an opening downward pattern. After the price broke below the lower band, it temporarily found support, but the upper and middle bands continue to exert downward pressure, indicating that the market is dominated by bears. During the decline, trading volume increased simultaneously, especially when breaking below the 90,000 level, with significant volume spikes, demonstrating heavy selling pressure. If subsequent rebounds lack sufficient volume, a second decline could be triggered at any time. For future trading, it is recommended to continue with a firm high-short layout!
Bitcoin rebounds around 89,800-90,500 for short positions, with a target of 87,800-86,300.
Altcoins rebound around 3,000-3,050 for short positions, with a target of 2,910-2,800.