#数字资产动态追踪 Monday Morning Market Analysis

Bitcoin surged to around 91810 and then quickly dropped, forming a clear short-term top. Although there was a rebound afterward, it couldn't break through this high point, indicating that the bullish momentum has noticeably weakened.
From a technical perspective, the short-term 7-day moving average has already turned downward and is diverging from the 30-day moving average. The price repeatedly tests around 91400 but cannot break above the moving average combination. In simple terms, there aren't enough buyers to absorb the supply. The candlestick pattern looks quite poor—an upper shadow with a lower shadow, forming a bearish engulfing pattern, and during the pullback, the lower shadows keep expanding, with the bears continuously pushing the price down.
Looking at key levels, 91800 has become a short-term resistance that is difficult to break. The support zone between 90800-91000, which was previously broken, has now weakened significantly. If Bitcoin cannot recover above 91500, it is likely to test the bottom around 89800-90000.
Trading strategy: Consider short positions in the 90800-91500 range, targeting the 90000-85200 zone.
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