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Bitcoin's recent rebound looks a bit shaky. Last night, it broke below the $90,000 level, and although it recovered to $91,000 in the early trading hours today, it ultimately couldn't hold steady. Good news keeps coming, but the price just isn't cooperating. At this point, it's better to prioritize risk management. Tonight's non-farm payroll data will be released. If the 4-hour chart fails to break through the $94,000 barrier, the short-term optimistic outlook can basically be dismissed. Instead of blindly speculating, it's better to wait and see.
Looking at Ethereum: on the 4-hour timeframe, the price is still oscillating above the upward trendline. Last night, after touching the trendline with a pin bar, it pulled back again. Below, there's a dense area of trading support. From the candlestick patterns, the recent hammer at 20:00 combined with a small bullish candle at 12:00 forms a pattern resembling a孕线 (pregnancy line). The trading volume of these two bullish candles hasn't significantly increased, which actually indicates that selling pressure isn't very aggressive, and small funds are enough to push the price higher. There is still a short-term chance to test higher levels.
Finally, a reminder: recently, the Meme coins on the BSC chain all follow similar patterns, and the force of panic selling is quite fierce. Be cautious when encountering them. Those coins that get criticized all the way up are usually the ones that ultimately can't resist the urge to follow the trend, and at that point, they are not far from their peak.