In the early morning, Bitcoin briefly retraced to the 93000 level, but there was no significant continuation of the bearish trend. The market then rebounded and rose to around 94200, encountering resistance and pulling back. Long positions taken in the early session took profit as the market direction was unclear at that time, and we maintained a short-term approach to capture gains. The subsequent market entered a phase of continued oscillation, and we directly adjusted our strategy to focus on the oscillation. The cryptocurrency market is full of opportunities and risks; to achieve stable profits in this market, one must first possess certain skills. However, many people still trade blindly, leading to accumulated losses. For those who do not understand, it is recommended to improve through learning from experiences.

From the current market perspective, the daily chart of Bitcoin shows a small bullish candle, with the sustainability of the short-term rebound being relatively weak, and the upper resistance level has shifted downward, limiting the rebound space. In the daily trend, the bullish trend is repeatedly weakening, and attention should be paid to the support level at 92000 below. If this level is lost, it may test the previous low around 90000 again. The four-hour chart shows that after the weekend's surge, the market is consolidating and testing the upper resistance level. Momentum has slightly increased but has not managed to break through. In the smaller time frames, the market still needs to accumulate energy within the oscillation, and a one-sided trend cannot be confirmed at the moment. The running space is narrowing, and short-term oscillation is expected to continue.

Buy Bitcoin at 93600-93300, target around 95000.

Buy Ethereum at 3410-3400, target around 3500.