Analyst Chen Shu: Short positions in Bitcoin and Ethereum from yesterday's current price yielded profits again. Watch for a rebound to the 90,000 resistance level.

Analyst Chen Shu: Bitcoin and Ethereum short positions opened yesterday were profitable again. Watch the 90,000 resistance level for a rebound. Yesterday's article suggested shorting Bitcoin at 9.12 and Ethereum at 3125. The short positions yielded a maximum profit of 3500/200 points. Congratulations to those who followed the trades! Recent strategies have consistently yielded accurate profits without any hindsight bias! Looking at the daily chart for Bitcoin, yesterday's large bearish candle broke through the 60-day moving average. Currently, the price has found support around 8.9. The key resistance level for a short-term rebound is around 90,000, which is also the 256-day moving average on the 4-hour chart. If the price can rebound and hold above 90,000, it may stabilize and enter a period of consolidation and correction. Conversely, if it continues to fall below 90,000, it may retest the downside. 90,000 can be considered a short-term support/resistance level. From the daily chart, Ethereum's price action is largely consistent with yesterday's analysis, having briefly retraced to the weekly 120-day moving average around 2960. Pay close attention to this level; a break below it would target the major support level around 2600, while holding above it would target the 3060-3080 resistance level. Midday trading strategy (written at 18:30):