Today’s morning session saw Bitcoin testing around 92,400 repeatedly but failing to break through, eventually pulling back. It briefly dipped to the 91,000 level before stabilizing, and is now trading around 90,700. Ethereum is following Bitcoin’s rhythm; after rebounding to the key level of 3,170, it faced the same fate—pulling back.

From the daily chart, this oscillating situation continues. Trading volume has been shrinking, with resistance above still present and support below holding firm. The key issue is that to open up upward space, it’s necessary to truly break through these critical resistance levels overhead; otherwise, in the short term, it’s likely to keep fluctuating within this range. Recent attempts to break higher have failed, but support below remains strong. In such a scenario, the safest approach is to wait for a pullback and buy at lower levels.

The four-hour chart is quite interesting, showing a typical "oscillation" pattern. Although a clear trend direction hasn’t formed yet, you’ll notice that each low point during pullbacks is gradually rising, and every time the price dips near the moving averages, it quickly rebounds. This indicates strong buying interest below and that the bulls haven’t given up. The short-term trading strategy remains unchanged: continue trading within this range, buying on dips is the way to go.

Specifically, for Bitcoin, look for long positions between 90,300 and 90,000, with targets around 93,000; for Ethereum, consider going long between 3,070 and 3,090, with targets near 3,210.