$BTC's current position can only be viewed from a fluctuation perspective, and this perspective corresponds to buying low and selling high in a range.

Lower buying: 92500-93500 to position long, risk control below 91000, targets 95500 97000 99000. If it can stabilize above 94000 on the 4-hour level, it can also be a good time to enter.

Currently, altcoins have experienced multiple declines, and the market is lighter. We can see that some strong altcoins have gradually started to develop independent trends, such as AAVE which we previously positioned for. The core altcoins to consider are ETH, DOGE, AAVE, ENA, LINK, and ADA. The low buying position for Bitcoin can be used to accumulate altcoin spot positions, waiting for the altcoin season.

For shorting, we need to wait for high positions, multiple resistance zones at 99000-100000. If it encounters resistance and falls back, we can then consider it. Do not consider shorting at low positions.