In the wave of gains and losses in the crypto world, there are no permanent smooth roads, but there are persistent companions. The fluctuations of the candlestick charts are like life's twists and turns; short-term oscillations are just the market's breathing, while the long-term trend holds the answers of the era. Over the weekend, the market experienced intense battles between bulls and bears, maintaining a small-range oscillation and consolidation; on Monday, the market showed a pattern of initial decline followed by a rebound, but Bitcoin's upward momentum was limited. It attempted to break the critical $90,000 level but failed, reaching a high of 89,972 before facing resistance and pulling back. Currently, at around 89,500, it is entering a consolidation phase. Ethereum's intraday correction was relatively limited, briefly hitting a short-term high of 3,150, then similarly retreating from high levels, with a low near 3,102.

From the current market, Bitcoin shows characteristics of short-term overbought correction and a medium-term strong trend, with medium- and long-term support still solid. After falling from the previous high, the price is now oscillating upwards within the 88,000–89,800 range, with the middle and lower bands forming a short-term support zone. The middle band at 89,000 has not yet been broken, indicating that the price remains in an upward trend. During the recent correction, trading volume did not significantly increase, suggesting that the bears have not formed a consensus selling pressure. Therefore, the short-term trend remains within an upward channel, with bullish rebound momentum not fully released, leaving room for further upward movement. Afternoon trading is recommended to continue with the morning strategy, mainly focusing on long positions above support levels.

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Trading suggestions:
Bitcoin: Around 89,000, dip-buying, target 91,000

Ethereum: Around 3,080, dip-buying, target 3,300