#BTC A brief review of yesterday's market: During the early trading hours, the market experienced a certain retracement, with the lowest dip around 85,000 to halt the decline. Later, with Japan's interest rate hike further stimulating market sentiment, the bullish recovery was quite strong. Bitcoin temporarily recovered to the key resistance near 89,500 but faced resistance and pulled back. As the US trading session approached, the overall trend showed signs of a rebound during the Asian session followed by a retracement in the US session. The early morning retracement also brought the price to around 87,000 to halt the decline. Currently, the market remains in a range-bound oscillation without a clear direction. Yesterday's early strategy unfortunately resulted in a loss, but during our evening live broadcast, we successfully offset the loss with one short and one long position. The long position is still holding with unrealized profits.

Looking at the current chart, the market is in a relatively healthy consolidation phase. The daily chart shows a clear sideways pattern. There are no definitive signals for bullish or bearish trends yet. The rebound to the midline is again met with resistance. The price remains in a phase of negotiation, waiting for clearer signals. On the four-hour short-term chart, the candlesticks have recovered and are mostly trading between the middle and upper bands, indicating some bottoming effort. However, after reclaiming above 89,000, the candlesticks show upper shadows, indicating resistance. The Bollinger Bands are currently narrowing. The key levels to watch are the previous upward channel bottom crossing with the MA120 at 89,500. Overall, the current strategy is to maintain a low-position long operation.

Bitcoin can be bought around 87,000-87,500, targeting 89,500-91,000. Altcoins can be bought around 2930-2950, with a target near 3050. #ETH