#密码资产动态追踪 Recently, the 4-hour chart shows a somewhat clear trend, with the overall sentiment leaning bearish. The candlestick pattern has formed a bearish engulfing, and the short-term moving averages are also starting to turn downward. These two signals together essentially lock in the recent bearish pattern. Although the price has approached the key support level at 89588.1 below, the resistance above remains quite strong.

However, there's a detail worth noting — although the short-term bears are in control, the overall price is still trading above the long-term moving averages, meaning the medium- to long-term upward structure has not been broken. This leaves room for a rebound after a sharp decline. Currently, both bulls and bears are watching the resistance zone between 89630.8 and 90364.2, as the price has encountered significant selling pressure around this area.

Since the market is clearly in a correction phase and the price has rebounded to a key resistance zone, the strategy for the afternoon should be to follow the trend. The main approach is to short on rallies, entering short positions as the price reaches resistance levels, and then patiently wait for the price to peak and pull back.

Reference levels:
● Bitcoin: Short around 90800-91300, targeting 89500-89000
● Ethereum: Short around 3140-3160, targeting 3080-3030

$BTC $ETH The subsequent movement will depend on whether it can break through this resistance zone; if it cannot, the outlook remains bearish.