Good evening everyone, let me summarize the core logic of this wave of market movements.

Bitcoin's performance remains relatively stable. At 8:00 AM, a large order was triggered around 91,200, causing the market to break through 91,800 with a brief pause, followed by a second surge. Looking at the 15-minute chart, after 8:30, five consecutive bullish candles pushed the price higher. Although the third candle showed some weakening of the bullish momentum, the buying pressure at 92,800 provided a relay for the next candle, pushing the price to 93,200, with an even touch of 93,380 at the high.

The story during the daytime is different. The market initially dipped below 92,000, but due to a lack of significant selling pressure, it rebounded after 4:00 PM back to around 93,200. An interesting point in this process is that the willingness of high-level buy orders to continue is not very strong, but bears haven't fully committed either. Both sides are in a standoff at two key levels—91,800 and 93,200.

Ethereum has been more aggressive. During Bitcoin's testing phase, it surged to 3,152, encountering slight resistance. Before 7:00 AM, it experienced three hours of narrow-range tug-of-war. After a third breakout, two volume-increasing hourly candles pushed the price to 3,180, even touching 3,220. But after falling back to 3,180, it faced selling pressure, dropping to 3,130, then rebounding to 3,180 before being suppressed again. This indicates that 3,180 is a critical resistance zone—both a point where bulls face obstacles and where bears attempt to exert pressure.

Based on yesterday's forecast, Bitcoin extending to 92,800 has been confirmed by the market. Since there are already short positions and early bullish resistance at this level, it is reasonable to position for a rally at the relay point and the initial buy zone.

Strategy summary: Focus on the battle around 92,500-92,800 for Bitcoin, with an eye on 93,200 above and support levels at 91,800, 91,200, and 90,500 below. For Ethereum, monitor the narrow consolidation zone between 3,120 and 3,180, with the starting point for upward movement and short pressure points forming the upper and lower boundaries.

Specific operations: If entering long at 92,800, hold the short positions first, add at 93,500, and set a stop loss at 94,200. For rebounds, consider entering around 91,500, add at 90,800, and set a stop loss at 90,250. For Ethereum, trade around 3,120 and 3,180, with long positions added at 3,085, and short positions added at 3,215, with stops at 3,065 and 3,235 respectively.