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Looking back at the morning market, after the US stock market closed, BTC rebounded and stopped at around 92379 at its highest point. After a continuous drop to a new low, signs of a stop in the fall appeared around the midday low of 89012, followed by a brief rebound to around 90420 and oscillation in the range of 89500. Ether rebounded to a high of around 3049 in the morning and then stopped at a low of 2943 at midday, warming up to around 2990 and oscillating in that range.


From the current 1-hour chart perspective, the BTC price has directly broken through the previous fluctuation range, showing a "high-volume breakout" characteristic—there has been almost no effective rebound during the decline, and only after reaching around 89000 did it show a brief stabilization. The current price is in the "consolidation phase after a sharp drop," but the overall trend has turned bearish: if it cannot quickly recover above the key resistance level of 92000 in the future, it is likely to continue the "downward-weak rebound" rhythm. If a small rebound occurs in the short term, and a bullish candle is formed while stabilizing at the bottom support, a long position may be attempted.
BTC is long around 89500, targeting near 92000.
Buy Ether around 2980, aiming to see around 3100.
BTC-7.35%
ETH-7.49%
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