Trends are important, but specific price points often determine the success or failure of trades. Yesterday, Bitcoin pushed up from 87500 to around 90500, presenting a fluctuating upward rhythm throughout the day. The consideration of this high point is quite particular—90500 was not chosen randomly, as there is still an operational space of nearly k points above.

Against the backdrop of the Federal Reserve's repurchase agreement plan, liquidity expectations provide support for Bitcoin. At the same time, the battle between Bitcoin and gold continues, with the differing roles of the two in risk asset allocation reflecting the market's varying predictions about the macroeconomic environment. The key is to grasp these changes in technical positions to understand the rhythm of short-term trends.