From a technological perspective, Bitcoin quickly rebounded after touching the low of 89320. The 4-hour candlestick formed a clear lower shadow, indicating strong buying support in that area. The price returned above the 90000 level, and some short-term indicators have entered the oversold zone and are beginning to turn, which usually signals a depletion of bearish momentum, and a technical rebound is brewing.

The current price is consolidating around 90300. If it can stabilize above the support range of 90000-89800, it is expected to gradually build a short-term bottom. The initial target above can be seen in the 91000-91500 resistance zone, and if a volume breakthrough occurs, the rebound space will further open up to around 92500. #美联储降息 $ETH

In terms of operations, it is not advisable to blindly chase shorts at the current position. Focus on stability signals when the price retraces near 90000. If signs of a short-cycle strengthening appear, consider lightly positioning long orders to capture a rebound opportunity, with short-term risk control suggested to be set below 89000.