Market fluctuations can teach people a lot; the key is to get the direction right. The rest is a test of mindset and patience.

Bitcoin has been oscillating between 89,650 and 90,800 over the past few trading days. There were two attempts to break below 89,650 yesterday afternoon, but each time the price was quickly pulled back above 90,000. It then entered a slow recovery phase, and the current price has shown some improvement. The bullish outlook I previously suggested was also timely cut to stop-loss.

From the candlestick patterns, both Bitcoin and Ethereum daily charts have completed a correction, forming a healthy bullish rebound trend at short-term lows. After consecutive bearish candles on the four-hour chart, signs of upward movement appeared. This short-term breakout indicates a slightly stronger short-term trend. However, it’s not yet a strongly one-sided market.

The key is the small V-shaped reversal formed at the 89,650 support level—if the price can break through the previous high resistance zone, the bulls will truly enter a strong upward phase. Otherwise, it will be a sideways consolidation with some strength, requiring patience to wait.

Tonight’s strategy remains focused on buying on dips. For Bitcoin, pay attention to the 89,500-90,000 range for long positions, with a target of 91,500 above. For Ethereum, participate within the 3,000-3,050 range, with resistance around 3,150.