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At midnight, BTC found support and stabilized around the 88500 level, showing a clear rebound in a reverse V shape, with market data temporarily indicating signs of halting the fall and warming up. However, on a larger scale, it remains within a short positions dominated range, and the key resistance level above has not been effectively broken. This round of recovery is more inclined towards short-term technical repair, rather than a reversal indicators.
Before a clear reversal indicators appear, short-term operations should still focus on Rebound short positions as the core strategy, and be cautious about chasing long positions.
Operation suggestion: Short positions should be placed when BTC rebounds to around 92800-93600, with a target of 91000-88800#BTC