12.6 Bitcoin/Ethereum short positions achieved great success yesterday, focus on low-point support today

Both Bitcoin and Ethereum are showing a downward trend, affected by macro factors such as the Fed's rate cut expectations. In the short term, they are at a key price game stage. Yesterday, we set up two short positions: short from 3170 to 3100, and then in the evening, short from 3140 to 2980, both hitting the full profit potential. Below is the specific market analysis:

Key levels for Bitcoin currently: In the short term, it needs to hold above 89800 to start a rebound. The upper resistance levels are 91500, 92800, and around 94200; key support below is at 88000. If lost, there could be a further drop to 85000 or even lower. 90000, being close to the production cost, is considered a "soft bottom." Ethereum is dropping in sync with Bitcoin, with a 24-hour drop of over 4%. It is currently fluctuating around the crucial 3000 level, having moved around 3030 and 3040 at different times of the day. Previously, it faced strong resistance at 3200 and then pulled back. For the short term, refer to last night's lows of 88000 and 2980 as support levels.

Trading suggestions: Go long on Bitcoin around 88800 to 89300, with a target near 90800; go long on Ethereum around 3000 to 3020, with a target near 3090. If it breaks above, continue to watch for further upside.