Looking at Bitcoin's current trend, it is a typical oscillating breakout to the upside. The price has already returned to near the previous high, the moving averages have turned upward, and the Bollinger Bands are expanding — all signals that the bulls are actively pushing forward.

The short-term watershed is around 89,500-90,000. As long as there is no effective breakdown below this level, the overall momentum remains relatively strong. Looking upward, the 91,000-92,000 range is the first resistance zone, where profit-taking and sell-offs are likely to occur, which is normal. But if the momentum continues and it breaks through this level and holds, it’s not a false breakout; it’s a genuine continuation of the upward trend.

For short-term trading, consider entering in batches within the 89,800-90,200 range, with a stop-loss below 88,800. The first target is 91,500, and reaching 93,000 is also within reach. The key is the position where the previous high and moving averages resonate; holding this level indicates the bullish trend is still intact. Ethereum is moving in sync, and the current bullish atmosphere is indeed quite strong.