BTC's first resistance level for this rebound is 90.5-91K. If the rebound fails, it will follow the blue downward trend. If it breaks above 90.5-91K, we can expect it to continue upward to 93K, then follow the red downward route. The 93K level has a CME gap and is also an important 0.618 retracement resistance, making it a good medium-term shorting point. Before Powell's speech at 3 a.m., consider holding a cash position and observing. Only if there are signs of upward or downward breakdown should you consider entering the market.