Recently, the market has been quite interesting. Bitcoin rebounded to the 91,000 resistance level yesterday but lost momentum, closing with an average performance. The upward pressure remains strong. From the news perspective, the bearish outlook remains unchanged. Our previously set short position at an average price of 89,700 is still holding, just waiting for the main force to push it down.

Ethereum also declined along with it. The 3,150 resistance level has not been broken. If you have already opened a short position, hold on. If you haven't entered the market yet, consider adopting a shorting strategy similar to Bitcoin, targeting a retracement to the support level around 2,980.

From a technical standpoint, whether this stalemate can be broken depends on recent momentum. The price has been oscillating around the 90,000 mark, with intense tug-of-war between bulls and bears. Due to geopolitical factors, precious metals might open higher in the financial markets, but the crypto market is likely to adjust and retrace.

On the last day of the holiday, take some time to rest and recharge. Next week, the market will enter the 2026 trading rhythm, which may accelerate. Everyone, get ready.