Lin Bao Evening Thoughts on Bitcoin: Due to the appearance of a pseudo-bottom at 92500, and both the stochastic indicator and MACD are in a death cross about to converge, it is only a matter of time before a golden cross emerges. Coupled with the performance of the previous candlesticks, there is a downward pin touching above 92500, indicating that the support below is still valid.

The current price is below the average price, so the market needs to adjust the current price towards the average price, possibly accompanied by a trend reversal below. Therefore, in the future, we can rely on the pseudo-bottom at 92500 to enter some long positions.

It is recommended to go long near 92500-92800 for Bitcoin, targeting 94500-97000.

For Ethereum, it is recommended to go long near 3270-3290, targeting 3380-3560.