Today’s early trading saw BTC drop sharply, touching around 89,200 before starting to rebound. Let’s see if tonight can establish a clear direction. The short-term fluctuation range is roughly as follows: minor resistance at 90,500, and if broken, then 91,500; support at 89,000, and if broken, then heading towards 88,000.

Overall market sentiment remains somewhat weak. If tonight continues to consolidate sideways, the key moment will be tomorrow, Friday. Tomorrow’s level is quite important—if the price can hold above 88,000 after a retest, the weekend will likely see continued sideways movement around 90,000; but next week’s trend is really hard to predict.

If you’ve timed this recent wave well, shorting BTC and ETH at high levels could have yielded significant profits. If you’re considering shorting now, you might consider entering in batches at 91,500–92,500. If it breaks above 93,500, cut losses and stop; the short-term target could be around 89,000–88,000 for a quick exit.