Good morning everyone. After waking up, the market indeed went through a rollercoaster. Last night’s rebound was about to reach the target, but today it was sharply pushed down again.

$BTC's current rhythm is very clear—resistance above is still stuck at 90500. If you entered a short position yesterday, remember to set a stop-loss properly. The key support zone is between 88000 and 87700. If this level is effectively broken downward, consider reducing your position or exiting the market. Conversely, if it continues to hold, the probability of a second upward attack is quite high. There will be opportunities to short around 91000 to 92000. If it really breaks below 88000, the next targets are 86300, 85000, and 84000.

$ETH's movement is similar, also encountering resistance near 3000. Traders who entered positions should also protect their principal, with a stop set at 2940. If it breaks below this level, next watch 2880, 2820, and 2775. But if the price can stay above 2940 today, it indicates there’s still a rebound opportunity. For a second rally, focus on the 3030, 3050 to 3100 range, and consider light short positions.

The core logic is: support levels must be held, otherwise the downside space is large; resistance levels require determination to break through. The market is still searching for direction, and patience in waiting for signals is more important than blind trading.