The large pancake surged yesterday but saw a significant pullback of nearly 2000 points in the evening. The market is experiencing extreme volatility and exhibiting characteristics of broad fluctuations, making chasing highs and cutting losses likely to lead to losses. The long position layout in the 90000-91000 range mentioned in the previous live broadcast was affected as the price broke below the key support level of 90000 before the midnight close. We need to wait for confirmation of direction after the midnight close: if the close effectively breaks below 90000, it is recommended to exit long positions in a timely manner. Subsequently, attention can be given to rebound opportunities in the 86000-88000 range or to add positions within that range. Bulls need to wait for the price to stabilize above 90000 again before participating in the trend. The upper target resistance level is still viewed around 94000. $BTC #比特币VS代币化黄金