From a technical perspective, BTC's current trend is in the pin-in bottoming phase. As long as the price stays above the key support at 88000, the trend line remains valid. The same applies to ETH, with the 2900 level being an important recent defense line. If both cryptocurrencies can hold these supports, there will be a basis for subsequent rebounds.

Recently, this market has shown oscillating characteristics, which was actually expected. Pullbacks and adjustments are normal market behaviors, and there's no need for overreaction. The key is to observe how strong the rebound can be after the market stabilizes — this is the critical signal for judging the future direction. Maintain a wait-and-see attitude and patience in the short term, and look for confirmed buying opportunities.