Market focuses on mainstream coins, with a prudent strategy taking the lead. The current key variable is the tug-of-war around the 90,000 level—ETF fund movements and Federal Reserve rate cut expectations are becoming the main drivers of the rhythm, while the surge in perpetual contract positions is amplifying market sentiment. Swing trading will be a more effective approach in the near term.

**Bitcoin(BTC)** repeatedly hovers around 90,200. The two resistance levels above are 91,500 and 94,500. A break above 92,000 signals an opportunity to add positions. The support levels below are 89,000 and 86,300. Falling below 89,000 indicates it’s time to actively reduce positions. During this range-bound oscillation, controlling risk boundaries is crucial.

**Ethereum(ETH)** is currently consolidating around 3,100. The long positions in the perpetual contract market are strengthening, which is a positive sign. Resistance levels to watch are 3,140 and 3,230, while support levels are 3,020 and 2,780. Staking yields and the dual growth of Layer 2 networks(L2) provide considerable upside potential for this asset.

**Binance Ecosystem Tokens(BNB)** are trading around 335, with a solid core asset positioning within the ecosystem. The rising expectation of buybacks and burns provides fundamental support for the price. 330 is an important support level, while 350 is a short-term resistance. The timing for phased long-term positioning is gradually emerging.