Thursday, Bitcoin rebounds to fill the gap and tests resistance. Do not break 91,000 and stay patient with short positions.

Today’s key point: after Bitcoin’s bottoming out and rebound, it has filled the gap. You can’t keep blindly shorting here. The Asian session’s return above the 90,000 level indicates short-term buying interest. Focus on the 91,000 and 92,400 levels as reference points for short positions. Be patient and wait for the right opportunity; do not rush in impulsively.

After two consecutive daily declines, the recent two-day rally has recovered and corrected. Local bullish volume has increased along with a push higher to test resistance, showing a short-term rebound demand. Until the trend changes, it’s advisable to short at high levels. If it breaks through and stabilizes above the midline for testing, consider reversing positions. Avoid chasing gains or cutting losses in a rapid rotation.

Bitcoin: Suggest shorting in the 90,800-91,100 area, target 87,800.

Ethereum: Suggest shorting in the 3,070-3,100 area, target 2,885.

A seasoned mentor with eight years of experience, a witness to bull and bear cycles. It’s better to walk with the light than to fight alone. Buddha guides those with fate; I await sincere people.