BTC broke below the upward trend line yesterday and found short-term support after dropping to the 85,000 level. The key point to watch now is: can it rebound to the 87,500–88,000 area? If it can't go higher, then continuing to be bearish is the main strategy.

Looking at yesterday's movement, BTC rebounded near 87,500, gaining over 2,000 points, and even touched the pressure zone around 90,000. But then it quickly turned down, with a 5,000-point drop that directly broke through the previous upward trend line. What does this indicate? The market bearish forces are dominating, and although the bulls struggled briefly, their momentum is severely lacking.

What’s the next step? This is very critical. BTC shows signs of halting the decline near 85,000, but my advice is not to rush into buying the dip. The reason is simple—the rebound is too weak, and there’s no sign of strong bullish bottom-fishing. This level is more about technical oversold conditions rather than a reversal signal.

Can you open a short position directly? Not really. After falling so much, opening a short near oversold levels is too risky and not a good entry point. Instead of risking here, it’s better to wait for a rebound.

The most prudent plan is: **If BTC rebounds to around 87,500–88,000 today and successfully stabilizes, that is the golden opportunity to short.** Because 87,500–88,000 itself is a resistance zone, and given the current weakness of the bulls, it’s unlikely they will break through 88,000. So, high shorting after a rebound is the correct approach—short after a bounce, with better risk control.

If no rebound occurs and BTC breaks down directly, then miss the trade and wait for the next opportunity—there's no need to chase shorts.

From a technical perspective, the bottom is still rising— the first bottom was at 80,600, the second at 83,700, and it has not yet fallen below 83,700. Although the bulls are weak now, we can't completely rule out the possibility of a rebound later. The market still requires ongoing observation.

Trading is actually that simple: if it can't rebound higher, go short; if it can't fall further, go long. No need to guess in advance; as the price reaches key levels, the trading direction will become clearer.