Yesterday's short setup paid off, now it's time to see how the follow-up unfolds. The market has reached a stage of correction, and there are two main paths to watch closely.

One direction is a major retracement trend. If the market remains above the 90,000 level during consolidation and does not break below it, there is a chance for the bulls to continue pushing higher — but only after a sufficient period of sideways movement.

The other, more aggressive option, is if the price breaks below 90,000 and fails to rebound back above it, then continuing to short is a valid strategy. I personally lean more towards this downward logic.

Currently, the strategy is to chase breakouts within the range, which allows capturing directional moves while reducing the risk of being caught on the wrong side.

From a technical perspective, the Fear & Greed Index is at 29, indicating market sentiment remains cautious. For Bitcoin, resistance levels are around 9450 and 972-982; support levels are at 877-866 and 785-777. For Ethereum, the overhead resistance is at 3350, weak support at 3066, and a defensive level at 2888.