$BTC From a 4-hour perspective, the market continues to exhibit a repeated oscillation trend, with the fluctuation range gradually narrowing. The price maintains a narrow consolidation in the range of 89000-90500, and has yet to form a clear one-sided trend. Most of the time, the candlestick chart operates in the upper part of the range, with multiple attempts to break through facing resistance and falling back near 91500, where the pressure is significant. The support at 89000 is solid, effectively resisting downward pressure multiple times, making it a key position in the current long-short game.

Currently, the 1-hour chart shows a downward oscillation trend. The Bollinger Bands are opening downward, and the price is operating near the lower band, with short-term bearish forces dominating. The support at 89000 shows solid performance, limiting further downward movement of the price, maintaining a narrow range consolidation in the short term. From the candlestick pattern, there have been three consecutive long bearish candles, and trading volume has simultaneously increased, with bearish momentum continuously being released. Recent highs are gradually moving lower, while lows have not effectively broken down, indicating a clear downward channel structure, and the market is likely to continue a weak trend in the short term, overall in a bearish-dominated oscillating downward phase. The effectiveness of the lower band support is a core focus in the short term. It is recommended to remain cautious and observe, waiting for the price to pull back and gather strength, and for the trend to clarify before entering a long position, avoiding blind chasing of increases.

For Bitcoin, consider going long near 89500 with a target towards 92500.

For Ethereum, consider going long near 3080 with a target towards 3200$ETH .