$BTC 12.1 Early morning BTC ETH strategy analysis strategy update 🧡

Tonight, after BTC surged to 92000, it was quickly slammed back down, indicating that the selling pressure above is very clear, and the bullish strength is still insufficient. The rebound can't go up, and the bears keep pressing - the overall trend is still dominated by bears.
From a technical structure perspective, the market has been making continuous false breakouts near the upper Bollinger Band, with a concentration of long upper shadows after the spikes. The trading volume is clearly insufficient, the rebound strength is weak, and the sustainability is poor. Each short-term upward attempt is quickly swallowed by the bears, maintaining a standard "rebound short" rhythm overall.
On the news front, the US Treasury yields rose again in the evening, and the Nasdaq index surged before retreating, leading to an increase in market risk aversion; at the same time, the net inflow of BTC ETF has reduced, and institutional overnight buying has significantly cooled down, resulting in a lack of sustained upward momentum. Coupled with weak liquidity over the weekend, this kind of upward movement is more likely to form a false rally rather than a reversal.
In this structure, a rebound is a position sent by the bears; do not be misled by the momentary surge from the bulls, as the overall trend remains bearish.
Operation Suggestions
BTC: Short near the rebound around 91500–92200
Target 90000, if it breaks, continue to look at 88000.
ETH: Short near the rebound of 3050–370
Target 2960, if it breaks, continue to look long at 2850.
⚠️ Market fluctuations are fast, frequent inducements, and uncertain points can occur at any time $ETH