After oscillating around the 89500 level in the morning, Bitcoin briefly retraced to the 88800 level, but the bearish momentum failed to continue. The price found clear support at that level and stabilized with a rebound. Currently, the market has regained the 89000 integer level, indicating that the bulls still hold the initiative during the pullback.

From a technical perspective, the price stopped falling and rebounded around 88800, suggesting strong buying support in that area, which may be a key support level tested multiple times recently. As the price moves back above 89000, the short-term trend center shifts upward. If it can stabilize above this level, it may retest the previous high in the 89500-89800 range. #金价突破5200美元 $BTC

The current market shows a oscillating but slightly bullish trend. Support can be focused on the 88800-89000 zone. If the retracement does not break below this area, the bulls may continue the rebound. Short-term resistance is at the 89500 level. A volume breakout above this could open further upside potential.

Bitcoin Strategy: Long in the 88800-89000 range, target 90500
Ethereum Strategy: Long in the 2980-3000 range, target 3080