#美国核心物价涨幅不及市场预估 Friday Market Review and Trading Ideas

Yesterday, Bitcoin surged to 97,000 then started to reverse, dropping to around 95,089. Ethereum also weakened to 3,266. The previously bearish outlook was fully validated, and short-term profits were successfully taken. However, the 97,000 level is quite tough—both rebounds were suppressed, establishing a short-term resistance level. From the 4-hour candlestick chart, the bearish trend is quite clear, and the trading strategy is to continue shorting near the resistance.

Technically, the previous high at 97,000 formed a double top resistance. Without a volume breakout, any rebound is just a correction within the bearish trend, and a trend reversal is unlikely. Looking at the 4-hour midline at 94,800 below, this level is very critical. Once broken, it will further test the previous range top at 94,000-93,000. This zone is the support area for this rebound. If it cannot hold, Bitcoin will fall back into a choppy and weakening pattern.

Trading suggestions:
$BTC: Short around 96,000-96,800, first target 94,800, then watch 93,000
$ETH: Short around 3,330-3,350, target 3,250