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#数字资产市场洞察 Monday evening market observation
On the four-hour chart of Bitcoin, the price has been repeatedly testing the key resistance level in the afternoon, with each surge followed by a pullback. It is now fluctuating around the 89900 point. The Bollinger Bands are tightening, but the three lines are still extending upwards, with the price running close to the upper band, creating a strong sense of pressure. At this time, as long as the price pulls back, there are good shorting opportunities.
Looking at the hourly chart, the rhythm of repeated highs is the same — rebounds encounter resistance, and the upper space is tightly constrained. The evening's strategy continues in this direction; consider shorting when the price rebounds to a high level.
Specific levels: Look for a short position around 90500-91000, with the target first seeing the 86000 area. Set the stop-loss according to your own position. $BTC $ETH