Tuesday Morning · Intraday Trading Strategy Analysis

A sharp decline is never the end point but rather a process of reallocation of chips—those who are impatient are washed out, while the patient can calmly position themselves amidst the chaos.
Review of yesterday’s trend:
Bitcoin quickly retreated from the high of 95481, touching a low of 91816, then rebounded to around 93300 and entered consolidation; Ethereum also weakened, falling from a high of 3367 to 3175, then rebounded and traded sideways around 3220. The short-term bearish target of 92000 given yesterday was basically met this morning at 92100, consistent with the expected pace.
Current market interpretation:
The early session maintained a narrow tug-of-war, with Bollinger Bands continuously narrowing. The price was repeatedly resisted below the upper band and the overlapping pressure zone of MA220 / MA30, and failed to break through effectively. Technical warning signals are gradually emerging:
MACD is above the zero line with a golden cross and increasing volume, but the price is weakly following up, showing a clear divergence;
RSI is forming a death cross and heading towards 30, indicating that bullish momentum is continuously waning.
Overall, the structure remains weak. The main operation is to short on rebounds, with a focus on monitoring the key support levels for potential breakdowns.
Trading suggestions:
Bitcoin: Short around 93000, target 90000
Ethereum: Short around 3250, target 3000