$BTC Bitcoin daily chart just closed at 88,300. The position that was protected last night has recovered overnight. There is a rebound at the daily level, and it has not tested the weekly level around 85,500. Market news is also leaning towards bearish sentiment. In my view, Bitcoin has a higher probability of fluctuating upward in the next couple of days. If it can once again stabilize above 91,500, it’s not very good to short it now.

$ETH Ethereum closed near the 0.618 level on the daily chart at 2,938. Similarly, it couldn’t go up or down all night. After hitting a low below 2,800, a rebound to short is the consensus. The rebound has been sideways for too long, accumulating too many shorts, so it won’t drop that quickly.