The market's pullback space is indeed somewhat unexpected, but it is also within reason. The market has shown a trend of bottoming out without the push from the US stock market opening. The major cryptocurrency dropped to around 91,000 at midnight before stopping the decline, while Ethereum fell to around 3,150. This rhythm allowed our short positions set up for a rebound at high levels yesterday to be accurately taken. The strategy provided was perfect, and I believe that students who did not enter the live market but followed the strategy also gained a lot. As for those receiving real-time guidance, the market easily offered a thousand-point space without any issues.

Currently, the trend is primarily a rebound correction after probing the bottom, with the market gradually recovering around 93,000. The daily line has three consecutive bearish candles closing lower, and the midnight test of the lower track was insufficient for recovery. Although there is a small bullish candle appearing now, it remains uncertain whether it can recover. From the daily line's shape, it still presents a fluctuating pattern before the upper and lower tracks. Whether it can turn back into a bullish recovery will depend on tonight's non-farm data. Given the current market's poor sentiment, a slight positive surprise is likely to meet expectations. Looking at the four-hour line, the end of the session saw a bullish candle recovering, with the indicator lines scattered. There is still a demand for rebound correction in the current structure, so we can mainly look for a retracement in the short term. After all, the market broke below the 91,500 line, and the bottom support naturally came to the 90,000 mark. The significant resistance that has been hard to breach is not expected to break before Trump's presidency, so we should focus on whether the previous drop point of 94,500 can be recovered. If recovered, it could turn bullish across the board. If not, the weakness remains, and we continue to see a pullback. Personally, I still lean towards a bullish outlook in the short term, after all, there are neither continuous declines nor continuous rises in the market.

You can go long with light positions at 92,500-92,800 for Bitcoin, targeting around 94,500. For Ethereum, you can go long at 3,190-3,220, targeting around 3,350.