Bitcoin has already experienced four consecutive bearish candles on the 4-hour chart. Although there was a brief rebound above 89,000, the overall bearish pressure remains very heavy, and this key support level at 89,000 is in jeopardy.

In today’s market, by accurately identifying the top area, this round of trading yielded over 2,500 points in profit.

The suggested approach for subsequent trades is as follows: look for shorting opportunities in the 90,300-90,800 range, with the expected target between 89,300-88,800. Meanwhile, for Ethereum, it is recommended to establish short positions around 3,120-3,150, with support levels at 3,080-3,050 below.

The key to trading is to follow the market trend, which allows for more effective results. If the direction is judged incorrectly, no matter how hard you try, it will be futile.