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#美SEC促进加密资产创新监管框架 Monday Bitcoin Trend Analysis: Weak Rebound, Bearish Approach Preferred
After the weekend close, Bitcoin pulled back last night. During the early hours, it briefly climbed above 91700 but quickly turned down again, fluctuating and rebounding. The current price is oscillating around 91000.
What about the technicals? On the four-hour chart, the price is repeatedly bouncing around the middle band, and the previous round of consolidation failed to break out. Overall structure? Still dominated by the bears. This current small rebound looks more like a technical correction after an oversold condition—not a trend reversal. The Bollinger Bands continue to open downward, so the strategy of shorting on rallies remains more prudent.
How to operate specifically? You can look to open short positions above 91500, targeting the 88000 to 87000 range. If the price stops falling near the target area, then you can consider switching to long positions. $BTC $ETH