Bitcoin (BTC) and Ethereum (ETH) Market Analysis

The overall trend continues to exhibit a bottoming sideways consolidation after a sharp decline, remaining within the oscillation range:
BTC's range is approximately 86,000–89,000, with the upper boundary at 89,000/90,000 forming strong resistance, and the lower boundary at 86,000/86,500 providing solid support;
ETH's range is between 2,900–3,000, with the upper boundary at 3,000/3,080 showing significant resistance, and the lower boundary at 2,900/2,850 offering firm support.

Recently, the market has frequently shown "whipsaw" movements, with rapid rises and falls within very short cycles; when prices reach the upper boundary of the range, they quickly face resistance and pull back, while touching the lower boundary often results in swift stabilization and rebound.

Trading Suggestions:

Maintain cautious operations within the oscillation range, buying low and selling high; once prices break through the upper or lower boundary of the range, decisively exit and observe. After the breakout direction is confirmed with increased volume, consider re-entering in the direction of the breakout for strategic positioning.