The price comparison has consolidated after a night of decline, and this morning it continued to break downward, falling below the 90,000 mark and reaching a low of around 87,872. Although it has broken through the previously mentioned key support level, the bulls have also provided some recovery space afterwards. The current trend remains strong. It is now operating within a narrow fluctuation range; although the space has not further expanded, the high-level consolidation correction limits the retracement space. This type of consolidation pattern replaces the decline and remains a strong bullish consolidation pattern. The short-term also lies in a buildup phase; this morning, our back-and-forth positioning has allowed us to capture over 2,000 points in BTC and over 100 points in Ether. The recent market conditions have also presented certain difficulties; if you are not confident in your grasp of it, you can always reach out to Lao Chen for real-time guidance.

From the perspective of the daily chart, although the price is operating below the middle track, today's pullback has not changed the overall strong structure, and it still shows a continuous rising pattern. Currently, it is in an upward trend, with signs of rebound recovering lost ground on the daily chart, and the lower low is continuously moving up. The short-term movement shows a strong rebound, and the trend is still expected to continue. From the overall trend, a wave of correction is not enough to change the overall long positions trend, forming a true reversal. However, it will present certain short-selling opportunities. Although the short-term structure is still inclined towards a weak continuation trend, the current weak trend can be understood as a short-selling trap. Overall, the structure is still mainly bullish. In the short cycle, the coin price has confirmed support around 87000, so since support has been confirmed, the next step is a rebound. The overall market is indeed rebounding, so after a pullback, it is the time to enter long positions. After the pullback, just enter long positions directly!

In the afternoon, BTC is directly long around 88000-87800, looking first at 90000. Ether is around 2980-2960, looking first at 3100.