#BTC Looking back at the early morning phase, the overall market continued to pull back and form a correction pattern. Bitcoin rebounded from around 94,000 after facing resistance and fell back. In the early hours, it once dropped to around 90,500 before stopping the decline and rebounding. Currently, the price remains around the 91,000 level with sideways fluctuations. Ethereum is also showing a similar pattern to Bitcoin, with a low of around 3,120 before stabilizing. The current sideways market is still in a correction phase, so attention should be paid to bottom support signals.

From the current chart, after a series of daily gains, a reversal to a bearish line indicates a correction that previously saw increased bullish volume. The daily candle closed as a solid bearish candle, but overall, it did not show signs of a recent sharp rise, which suggests that previous pullbacks have formed some bottoming signals. The current correction has also stabilized above the 90,000 level. Based on Fibonacci levels and short-term gaps, around 90,500 remains a strong support. If the market breaks below 90,500 to fill the gap, then the key support at 50% retracement should be watched. Further retracement could turn the trend bearish. Currently, the market is in a small-cycle correction. In terms of future strategy, whether short-term or medium-to-long-term, it is advisable to look for buying opportunities on dips.

Bitcoin can be bought around 90,500-91,000, targeting near 92,300. Ethereum can be bought around 3,120-3,150, targeting near 3,230. #ETH