Let's review the market yesterday morning. Bitcoin on the 4-hour chart shows a clear bottoming and rebound pattern—after a surge to 94,700 and a subsequent pullback, it dipped to a low of 89,300, and is currently hovering around 91,100.

From a technical perspective, after retracing to 89,500, the price quickly rebounded, regaining the MA5 and MA10 short-term moving averages, which are showing signs of a potential turnaround. The MACD has formed a bullish divergence below the zero line, with the green bars significantly shortening, indicating that the bearish momentum is continuing to weaken, and a golden cross is brewing. The RSI has risen from a low of 38 to around 42, approaching the oversold rebound trigger point, with buying interest gradually entering the market.

During the price stabilization phase, volume was moderate, and after stabilization, there was a slight increase in trading volume, providing an opportunity for retracement trades. In the short term, the 89,500-90,800 zone can be considered for long positions, with targets around 91,800-92,500. Additionally, other cryptocurrencies like some mainstream coins in the 3050-3080 range also present similar trading opportunities, with upside targets of 3130-3160.