The market flows like tides, with rises and falls being ordinary; during times of greed, the tide can easily overturn, while during times of fear, opportunities are hidden. Not chasing short-term fluctuations allows one to see the underlying cycle; not fixating on momentary losses helps to cultivate one's foundational mindset. The morning market surged, with Bitcoin continuing its upward momentum from earlier, once again reaching the high point of 91850. Ethereum followed suit, rising to around 3070. During the live broadcast in the early morning, it was mentioned that Bitcoin might aim for around 92000; however, the speed of market movement exceeded expectations. Yesterday's bullish outlook was once again realized, with Bitcoin and Ethereum both performing strongly. Bitcoin's long position entered at 86690 was closed at 89862 for a profit of 3100 points, while Ethereum synchronized, entering at 2908 and successfully cashing out at 3034 for a gain of 126 points. Old Hu never plays games; following the professional rhythm, making profits has never been a difficult task.

The 4-hour level has shown signs of short-term correction risk, with prices climbing to 91850, forming a long upper shadow K-line under pressure. The market has pulled back after reaching a high, accompanied by reduced volume fluctuations, forming a prototype of a double top reversal; the slope of the upper track has slowed, and the current price deviates significantly from the Bollinger middle track, indicating a technical correction demand to return to the middle track. This round of upward movement starting from a low has directly broken through the upper edge of the previous box at 89000 without retracement. There is a demand on a technical level to fill the gap at the upper edge of the 89000 box; at the same time, the steep short-term upward trend is a typical bullish topping pattern, lacking volume and time dimension confirmation. If it breaks below the 90000 integer mark, the 4-hour upward trend may be breached, and the market is likely to enter a correction cycle. Caution is needed for price pullbacks, with a focus on the key support at 89000.

Operational Suggestions

Bitcoin short near 91500—92000, target around 89000

Ethereum short near 3050—3070, target around 2950, $BTC $ETH