Monday Night BTCÐ Strategy Analysis

Evening Market Interpretation: BTC tested the critical resistance level of 94,588 intraday and then retreated under pressure. The bullish momentum quickly faded, and the price not only lost the support of the middle band of the Bollinger Bands but also dipped to a low of 87,500 in the early morning. From a technical perspective, currently BTC is trading within the Bollinger Bands' middle and lower bands. The upper band shows a clear resistance signal, while the support at the lower band is relatively weak. Additionally, the Bollinger Bands are showing a downward curvature. If a short-term rebound cannot stabilize above the middle band, the downward trend may continue.

The corresponding operational strategies are as follows:

Bitcoin: Suggest short positions within the 90,500-91,000 range, with the first target at 88,000 and the second target at 86,500.

Alipay: Suggest short positions within the 3,180-3,220 range, with the first target at 3,100 and the second target at 3,050.
Targets are for reference only. Pay close attention to the strength of support level breakthroughs to avoid running into profits too early.
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