Looking at the recent trends of BTC and ETH, it's still the same old logic.

The daily candle for Bitcoin closed with a pin bar bearish candle, but importantly, it closed above the 87,000 support level, continuously hovering in the lower half of the range. The upper resistance is at 94,500, the bottom at 84,500, and the middle around 90,000 has been heavily pressed down. Ethereum's performance is similar, also closing with a pin bar bearish candle, staying above 2,900. The entire range is bounded by the top at 3,320, the bottom at 2,770, with around 3,030 acting as resistance in the middle. Honestly, there hasn't been much action in the past few days.

Switching to the 4-hour chart, Bitcoin has been oscillating within the 87,000-90,000 range, while ETH has been testing back and forth between 2,900 and 3,050. I’ve mentioned this theory before — the longer the sideways consolidation, the bigger the move when it finally breaks. So now, it's just a matter of waiting for the market to give a clear signal. Once a breakout is confirmed, follow the trend.

Currently, the market is still being tightly held down by the middle of the range, with multiple attempts to break through unsuccessful. The short position set at a high level yesterday is still profitable, which is a pretty clear signal. The next trading plan is to continue shorting at high levels.

Specific execution: Short Bitcoin at 88,000-88,500, targeting 87,000-86,000, with a stop loss if it breaks 89,500; for ETH, short at 2,970-3,000, targeting 2,900-2,880, and exit if it breaks above 3,060.