Last night's market review: Bitcoin fluctuated within the 93,000-94,200 range, showing no clear directional trend overall.

From the hourly Bollinger Bands perspective, the upper and lower bands remain parallel, with sideways movement being particularly obvious, and there are basically no signs of divergence upward or downward. This indicates that the momentum from the previous rally has gradually weakened, and the bulls no longer have the strength to push higher. Conversely, it seems that the bears are gathering strength here, waiting for the next opportunity.

Interestingly, although the price temporarily broke below the middle band, it then rebounded back to stand above it. However, this rebound was quite weak, with no room to continue upward expansion, instead oscillating around the middle band.

From the trend continuation perspective, during this sideways consolidation, we can observe several signals: multiple attempts to break upward failed, and each rebound's high point is gradually decreasing, forming a subtle "descending channel" pattern. Coupled with the lack of upward divergence momentum in the Bollinger Bands, it is highly likely that the price will move toward the lower boundary of the range, and a break below the range cannot be ruled out.

In terms of trading strategy, consider short positions in Bitcoin around 94500-95500, targeting support levels at 91800-90800. For Ethereum, short positions around 3280-3350 with targets at 3150-3100. Other cryptocurrencies like SOL, BNB, XRP are also worth paying attention to.