From the current market situation, Bitcoin has been repeatedly testing around 92,000. Whether this level can hold directly determines the subsequent trend. If the support at 92,000 does not break, the trend of the daily moving averages may continue; otherwise, it may retest around 90,000. Currently, the US stock market has not opened yet, and market fluctuations are temporarily limited. However, once the US stock market officially opens tonight, it is worth paying attention to whether there will be a linked reaction in the European and American markets—especially considering the recent ongoing development of tariff policies, market sentiment still needs observation.

From a technical perspective, today's strategy remains mainly oscillatory. Bitcoin's support levels are in the 92,000-90,000 range, with resistance at 93,300-93,800. The layout idea around 93 yesterday still applies today.

Ethereum's situation is similar. The key is whether the 3,160 level can be broken—if it falls below, a new round of adjustment may revolve around 3,000. In the short term, focus on hourly exit signals and when the four-hour timeframe will bottom out. The intraday tone remains primarily corrective. Support levels are at 3,160-3,095, resistance at 3,210-3,250. The layout idea around 3,230 from yesterday remains valid.

Overall, closely monitor the performance of the US stock market opening, as this is very likely to be the key moment in determining the subsequent direction.