Long-term (1-day) trend: The market is in a bottoming rebound within a downtrend, showing initial signs of stabilization. The daily MACD shows a golden cross but remains below the zero line, requiring more time to confirm the subsequent trend. Key resistance levels: First is the $92,000-$93,000 range, which is the focal point of the battle between bulls and bears. Additionally, there is the previously high-pressure zone at $95,000-$96,000 mentioned in the news. Key support levels: Most importantly, the $90,000 level, which is a critical point of tug-of-war between bulls and bears. If this level can hold and the daily MACD golden cross persists, there may be a sideways upward trend. Possible reversal patterns: If the price can form a classic bottom pattern such as a W bottom or head and shoulders bottom above $90,000 and successfully break the neckline, a long-term trend reversal will be highly anticipated.

For aggressive investors: You can try to enter long positions with a small amount around $90,000-$90,500, and set strict stop-losses, for example below $89,500. Targets can be set at $91,500-$92,000 or even higher. But be cautious, control your position size, and trade quickly in and out. For conservative investors: You can continue to observe, waiting for a valid breakout above $92,000 and stabilization, or wait for a pullback to the $89,000-$90,000 range with stronger support before considering a position. There's no need to rush into the market; wait for a clearer trend. As for short positions, unless the price can quickly break below the $90,000 level in the short term, the current shorting risk is high, especially since there is strong support below and signs of stabilization in the long term.
Finally, a golden quote for everyone: Trading is not a 100-meter sprint, but a marathon. Only those who can endure loneliness can maintain prosperity! See you next time!