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Wealth comes from cognition; every pullback is for a higher breakthrough. Let's look at last night's market performance—the coin price rebounded from around 89,650 in the afternoon, and by the time the US stock market opened, it surged directly to a high of 91,983. The entire process was very rhythmic. Ethereum's pace fully kept up, soaring from a low of 3,056 to 3,144.
Although the intraday strategy leaned towards a bearish outlook, the daytime market remained weak. I, along with a group of traders, positioned short orders on Bitcoin at 91,182 and Ethereum at 3,119, closing at 89,798 and 3,067 respectively. The results were quite good—over 1,300 points profit on Bitcoin and more than 50 points on Ethereum.
From the 4-hour K-line, after that wave of volume-driven long bullish candles, the price broke through the middle band of the Bollinger Bands and then started to pull back, leaving a typical long upper shadow. This indicates that the selling pressure above is still quite evident. Whether it can effectively break through the resistance levels later is the key. Regarding technical indicators, the bullish and bearish momentum shows a mild upward trend, but the strength is limited.
On the 1-hour chart, the market briefly crossed above the upper Bollinger Band and then cooled off with a pullback, but overall it remains above the middle and upper bands—this is a typical technical correction. Plus, with liquidity tightening over the weekend, trading activity has noticeably decreased. The night trading strategy is clear: when at high levels with pressure, decisively sell; when support appears at lower levels, buy back.
**Specific trading suggestions:**
Bitcoin around 92,000 can be shorted, targeting 90,500; Ethereum around 3,150 can be shorted, aiming for 3,050. These levels are based on current resistance and support. As long as the trend hasn't fundamentally changed, this is the short-term rhythm.