Yesterday morning, I missed the update and only checked the market around noon.

First, let's talk about Bitcoin's行情. This wave of movement is quite interesting——a false downward break to create panic, as if about to break the support, but then it turned around and rallied again, making people think it will break through. In reality, it has been oscillating within the range of 91778 to 89781. As long as it doesn't break below the lower edge of the triangle (at 90047), there is no major issue for now.

Looking at the position of the yellow arrow, the volume has already increased significantly, but the price remains stuck below the resistance at 91477, unable to move. What does this indicate? Most people's bottom longs have their stop-losses around here, so the selling pressure is very high. Moreover, this resistance at 91477 has been tested multiple times, each failure. If it can't break through after two more attempts, the support at 89254 below will collapse, leading to a decline.

Currently, it's quite uncomfortable to trade in a one-sided manner. Instead of forcing trades, it's better to choose one of two options: either trade around the high at 91778 and the low at 89781, buying low and selling high, or just stay out of the market until a clear direction emerges. If you must trade, only try with a small position.

**Specific trading ideas:**

If Bitcoin drops below 90340 with volume, go short; if it breaks above 91120 with volume, chase long on the right side. Focus on volume changes and manage stop-losses carefully.

On the hourly chart, if Bitcoin stabilizes above 91472, the upward target is around 92617 to 93520. The key is to hold above 91472; otherwise, the upward continuation is unlikely. Once the four-hour chart drops below 89721, the next support levels are at 88380 to 87547.

**Let's look at another coin.**

If this coin breaks above 3087 with volume, chase the rebound long and set stop-losses at entry. If it drops below 3067 with volume, chase the short on the right side and set stop-losses accordingly. If it retraces to 3015 and confirms support, you can add a long position. If it drops below 2979, stop-loss is needed.

The key level on the hourly chart is 3093; if it holds, the target is 3131 to 3180. Watch out for a short position at 3144. If it breaks above 3180, stop-loss is required. For previous left-side pin orders: long at 2911, stop-loss at 2876 if broken.

Overall resistance levels are at 3093, 3131, and 3180; support levels are at 3065, 3018, and 2979. If the four-hour chart drops below 3058, the target is down to 3010 to 2956.

**Most critical point to observe:** The hourly level at 3064 must not fall further. If it breaks, the previous low at 3052 cannot be maintained, and a waterfall decline will occur. To prevent the current downward trend, a breakout of the bullish flag pattern is necessary. Oscillating within the flag is acceptable, but 3064 must be defended at all costs.

The above is just a technical analysis approach; actual trading should be adjusted flexibly based on real-time行情.