Bitcoin is experiencing wide-range oscillation and consolidation, with major players repeatedly fluctuating to clear out weak holders. The tug-of-war between bulls and bears is intense, making it more difficult to set up positions.



In the short term, the price surged to 91,700 before encountering resistance and pulling back, now weakly consolidating near the middle band of the hourly Bollinger Bands. There is strong resistance around 91,700-92,000. Trading volume is active, but the trend remains unclear.

Patience is needed to wait for a breakout at key price levels. Once the trend is clear, follow it to set up positions, strictly control your position size, use light positions with stop-losses, stick to discipline to avoid risks, and capture upcoming opportunities.

Bitcoin: Short near 90,500-91,300 on the rebound, target 89,000-88,000

Ethereum: Short near 3,070-3,120 on the rebound, target 2,980-2,900
#BTC #ETH
BTC2.87%
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