#比特币对比代币化黄金 I watched BTC's price action all afternoon today, and technically things aren't looking too good.

On the 4H timeframe, that large bearish candle with volume broke right through the short-term upward structure, making the bears' move pretty clear. At this point, the probability of further downside is quite high, and at least in the short term, the bulls don't seem to have much strength to fight back.

If there's a rebound to the 93,000-93,600 range, personally I'd consider setting up a short position there. The first target would be around 92,000, and if that breaks, 91,000 is also possible. Of course, it all depends on the live market since things can change quickly.

$ETH has also been moving in tandem with BTC recently, and the technical outlook is similarly weak, so everyone should pay attention to position management.