The crypto market has never been a gambler's casino, but a training ground for long-termists. Use idle funds to test the waters, fight greed and fear with discipline, and accumulate knowledge through learning— you don't need to chase every hot topic, just hold onto value; you don't need to profit from every market move, just survive each cycle. After touching around 90,000 yesterday, the market experienced another pullback, with the lowest reaching around 85,000. From the chart, we can see that after falling near 85,000, the market oscillated overnight, with short-term double needles hitting the bottom.

The Bitcoin chart previously showed a sideways upward pattern, followed by a large bearish candle breaking below the short-term moving average, with the price quickly falling back to the lower band of the Bollinger Bands. Currently, it is gradually stabilizing near a key support level, with candlestick patterns shifting to reduced volume consolidation, indicating market selling pressure has eased. The current price around 86,000 is preliminarily forming a stabilization structure. The RSI indicator has entered the oversold zone and is hovering, reflecting short-term market oversold sentiment accumulation, with technical correction and rebound demands continuously strengthening. Although the short-term moving averages are temporarily diverging downward, the medium- and long-term moving averages still maintain a bullish alignment, and the overall price remains in a consolidation phase within an upward channel. This pullback not only tests the lower Bollinger Band but also tests key support areas, potentially accumulating momentum for subsequent upward movement.

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Trading suggestions:
Bitcoin: around 85,500, target 90,000

Altcoin: around 2,080, target 3,200