Friday Night Session Market Review:


The market continues to consolidate weakly. Bitcoin fell below the key integer level of 90,000 in the afternoon, bottoming out around 89,588 before slightly rebounding. Starting at 18:00, the price repeatedly contested the 90,200-90,800 range, with bulls and bears secretly vying at the integer level. From the rhythm of decline - rebound - decline, the short-term technical structure has already turned bearish, and this kind of rebound without volume support is a typical display of "weak momentum."

The previous trading strategy was perfectly realized overnight: short positions gained 2,200 points in decline, plus an excess profit of 130 points.

Friday Early Morning Trading Guide:
Bitcoin faces resistance when shorting around 91,000-91,500, with targets set on the support zone of 89,900-88,900.
Ethereum establishes a short position around 3,120-3,150, with the downside target initially looking at the 3,070-3,040 range.

Both are in a correction rhythm. Behind this wave of decline are the ups and downs of the global trade landscape. In the short term, continue to watch for the release of downward space.
BTC-0,09%
ETH0,19%
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GasOptimizervip
· 2h ago
A weak rebound, this bearish approach indeed feels comfortable.
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MEVSandwichVictimvip
· 01-09 14:17
The idea of a weak rebound is spot on, it feels like nobody wants it.
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RektRecordervip
· 01-08 16:50
Another weak and powerless rebound, it seems the bulls are really out of energy.
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RumbleValidatorvip
· 01-08 16:50
Lack of volume, rebound without support is a signal — this wave indeed calls for a bearish outlook.
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CryptoComedianvip
· 01-08 16:47
Laughing and then crying, the 90,000 level is just like my ex, looks invincible but can be broken with a single poke.
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NeverPresentvip
· 01-08 16:42
90000 has been broken, the short position is really satisfying this time. I always want to chase in during the rebound. Exceeding 2200 points and 130, honestly, this move has some skill. Will 88900 hold? It feels like it still needs to drop further. BTC's rhythm is really powerless to resist. Let's see if trading volume can save the scene later. The trade deficit is causing more trouble. In the short term, it's better to continue to be bearish.
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PumpBeforeRugvip
· 01-08 16:37
A weak rebound, a typical false breakout, and the bears still have to keep eating the meat.
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LiquidationAlertvip
· 01-08 16:31
Ha, it's that same story of "trade pattern fluctuations" again. It feels like this decline is just funds shaking out retail investors.
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