**Review and Validation of Yesterday’s Analysis**

Previously, I noted that if the price lingered below 93,000 for an extended period, we should be alert to the risk of a correction. I identified key support in the 91,500-92,000 range, mentioning that it was worth trying a light long position there, but it might just yield a rebound. I estimated the extreme level at 90,000-90,500.

The actual price action basically confirmed this view—yesterday, the price indeed stayed mostly below 93,000, and at 10:30 PM, it spiked down to around 91,800, then quickly bounced back to 93,250, but couldn’t hold and turned downward again. In the early hours, it reached a low of 90,900, then rebounded to a peak at 92,700.

**Current Situation Assessment**

The core question now is: Has this correction ended? Or is it just a pause?

I tend to think the correction isn’t done yet. There are two reasons supporting this view:

First, the price hasn’t really pulled back to the 90,000-90,500 zone I mentioned. Although it touched 90,900 overnight, it still feels a bit short.

Second, today’s rebound seems weak. It’s possible the market could suddenly pick up strength later, but based on the current performance, I think the probability of further downside is higher. Honestly, my long orders have been waiting at 90,000-90,500 for a while, and I’m pretty firm about it—this time I don’t plan to set a stop loss, just preparing funds to add to the position if needed.

**Strategic Response**

Of course, what if the market doesn’t follow the script and actually stops falling here? My signal to reconsider entry would be if BTC can effectively stand above 93,000.

If that happens, I’ll judge that the lower target levels may not be reached, and it’s likely the market is stabilizing and preparing for another upward move. At that point, it’s not too late to adjust the strategy flexibly.

With the market, you always need to be ready with a Plan B.