Volatility is not risk; blindly following the trend and losing one's original intention is. Getting rich quickly is never accidental; the accumulation of knowledge and long-term persistence are the strongest cards to navigate through bull and bear markets. The strategic ideas I shared last night provided very precise support and key resistance levels. Whether entering or exiting the market, as long as you follow the winning rhythm, the outcome is generally profitable. Every private trade is clearly outlined. The morning outlook remains the same. Currently, the market is in a consolidation phase, with Bitcoin around 88,800, Ethereum around 2,950, and Bitcoin's current trend essentially a rebound after a sharp decline, now in a phase of oscillation and digestion below a critical resistance zone.

Although the four-hour chart shows support at lower levels, prices repeatedly surged and fell back within the 88,800–89,000 range, forming a clear sell-off zone, indicating that the bulls are losing strength and upward momentum is hindered. The one-hour chart further shows signs of K-line contraction and narrowing volatility, reflecting a lack of market confidence. Overall, the rebound momentum is weakening, resistance levels are hard to break, and the market is gradually shifting toward a bearish consolidation. Caution is advised: if the resistance cannot be effectively broken, the trend may retest lower levels or weaken further. Currently, it is not advisable to chase the rally; observing or waiting for a clearer direction is a more prudent strategy.

Trading suggestions:

Bitcoin around 89,500, target 87,000
Ethereum around 2,980, target down to 2,700