$BTC Review of yesterday's Bitcoin and Ethereum market saw a tug-of-war between bulls and bears. In the midnight hours, Bitcoin strongly concluded its previous series of continuous bearish adjustments, recording a solid and robust bullish candlestick, with market bullish sentiment significantly improving. A slight opening has appeared in the upward movement channel, with the original mid-channel successfully transforming into short-term dynamic support, while the upper channel resistance near 93000 constitutes the current key resistance level. Notably, the channel has not fully entered a bullish expansion pattern, and the core observation point for future trends lies in the effectiveness of the price breaking through the 93000 resistance level, which will be a key signal to confirm whether the bullish trend can continue.

In the four-hour cycle, the previously persistent downward trend line that suppressed prices has been effectively broken with today's increased trading volume. Bullish momentum has been concentrated and released. However, there is potential pullback pressure near the previous resistance area, and from an operational perspective, one must resolutely avoid blind chasing of highs to prevent falling into a passive situation of short-term fluctuations and pullbacks.

The one-hour cycle shows a clear oscillating upward rhythm, with consecutive bullish candlesticks pushing prices to rise rapidly. After breaking through short-term moving average resistance, the moving average system has formed a standard bullish arrangement, laying a solid foundation for short-term trends. At the same time, the Bollinger Bands maintain an open state, indicating that short-term bullish momentum is relatively abundant. Considering the current market structure, the core operational strategy of "buying on dips" can continue in the early hours of Wednesday, relying on short-term support levels to strategically arrange long positions.