$BTC Bitcoin daily chart just closed at 88300. Last night, it hit the breakeven loss level, and it has recovered overnight. The daily level shows a rebound, and it has not tested the weekly level around 85500. Market news is also leaning towards bearishness, but in my opinion, the possibility of Bitcoin oscillating upward in the next two days is higher. If it can once again stabilize above 91500, it’s not very good to short it again.

$ETH Ethereum closed near the 0.618 level on the daily chart at 2938. Similarly, it couldn’t go up or down all night. After hitting a low below 2800, the consensus is to short on the rebound. The rebound has been sideways for too long, accumulating too many shorts, so it won’t drop that quickly.