Due to the market closure of US stocks yesterday, liquidity in the crypto market has significantly contracted, and the overall movement is in a narrow range. Both Bitcoin and Ethereum experienced synchronized pullbacks, with Bitcoin dropping to around 92100 at one point, and Ethereum weakening accordingly.

From a technical perspective, the four-hour chart shows the Bollinger Bands gradually narrowing, indicating that the trend is stabilizing. The price repeatedly oscillates near the middle band, suggesting a tug-of-war between bulls and bears. The moving average system has clearly converged, providing important support for the current price. Notably, several momentum indicators have rebounded from the weak zone, signaling market stabilization and easing short-term downward pressure.

Based on the current chart structure, the subsequent market will mainly focus on a pullback to low levels to establish long positions. Specifically, Bitcoin can look for buying opportunities in the 92300-91500 range, with resistance above at 93800-95300. If this range is broken, it may continue to rise towards 96300. Ethereum can look for opportunities around 3170-3120, with resistance above at 3270-3350.