Bitcoin overall shows a pattern of oscillating downward. Starting from the early morning high of 93,300 yesterday, it began to decline. During the oscillation, it continuously failed to hold short-term support, with a low dip to the 87,800 area. Ethereum's movement is highly correlated with Bitcoin, simultaneously starting a downward trend from the 3,200 level, dropping to around 2,910, showing a consistent weak follow-through, highlighting the market's linkage.

The daily chart's downtrend continues to strengthen. After experiencing a short-term rebound that lacked momentum and failing to break through key resistance, the market has clearly shifted to a steady oscillation downward. Bearish momentum continues to be released, driving the moving average system into a synchronized resonant decline. This pattern indicates that the market trend has fully turned to a bearish dominance, with the downward trend showing strong continuity and structural stability. The four-hour chart continues to display a weak decline, with prices consistently pressured below the channel's lower boundary, showing technical features of a one-sided weak downward movement, further solidifying the daily trend's foundation. Currently, the market rhythm indicates that bearish forces are still accumulating. The short-term rebounds are not trend reversals but typical consolidation actions to gather strength for further declines. Today's trading strategy remains focused on rebounding and shorting.

Specific trading suggestions: Pay attention to the resistance in the two zones of 90,000-90,800 and 91,300-91,800. If these levels hold without breaking, consider shorting from higher levels, targeting a 500-6,000 point decline. Holding above 92,500 is seen as a reversal signal. #Gate每10分钟送1克黄金 #现货黄金再创新高 #GateLaunchpadIMU