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Morning Thoughts

From the current market perspective, after a high surge in the midnight market, the bullish momentum appears to be slightly insufficient, with the price of the coin facing pressure and retreating after initially testing the 94000 level, once again probing the bottom support. From the four-hour level, it can be seen that the market still maintains a fluctuating upward trend, with highs and lows moving up simultaneously, indicating a healthy trend, and the support at the mid-track remains strong. Moreover, from the hourly level, the current pullback intensity has decreased, and the bears have stopped increasing their positions. Next, after consolidating at a low level, a rise is inevitable. For positioning, we continue to look for long positions at lower levels.

For the morning Bitcoin: around 91300-91000, looking towards 91800-92100

For the morning Ether: around 3080-3060, looking towards 3110-3130 $BTC