The current market is in a healthy consolidation phase, with the daily chart showing a typical horizontal oscillation pattern, and the long-short game has not yet formed a breakthrough signal. After the price rebounded to the middle track of the Bollinger Bands, it faced resistance and pulled back, maintaining an overall range oscillation pattern, with the trend direction still awaiting confirmation from key signals. The four-hour cycle shows that the price has reclaimed previous losses and returned to the middle and upper track area of the Bollinger Bands, with initial signs of short-term bottom support. However, after testing the 89000 level, the K-line has repeatedly faced pressure and pulled back with long upper shadow patterns, and the Bollinger Bands are showing a closing and flattening trend, indicating that the forces of bulls and bears are tending to balance. In the later market, key attention should be paid to the 89500 key resistance level formed by the lower edge of the upward channel and the MA120 moving average resonance. If effectively broken, it may open up upward space; otherwise, it may continue the oscillation pattern. In summary, short-term operational suggestions are to mainly focus on low-buying long positions at support levels and pay attention to the breakthrough situation of key resistance levels. $BTC #比特币流动性