This morning, the market experienced a rapid surge, creating a dilemma of fearing to chase highs and fearing missing out. This rally is not without signs; it is a controlled release after the holiday's dull consolidation. In the afternoon, it was pulled back to its original state—does this "long and short trap" market frustration today make your mentality unbalanced?

This is not an accidental fluctuation but a precise cleansing by the main force at critical levels. The goal is to shake out uncommitted chips and prepare for a larger directional choice later.

Market sentiment: Fear and Greed Index is at 74 (Greed), indicating a generally optimistic market mood, but caution is needed against overheating.
Capital flow: Net outflow of main funds in the past 24 hours is about $450 million, with the total market cap down 0.53%. USDT off-exchange premium slightly decreased to about 6.49%. The willingness of incremental funds to enter the market has slightly weakened, and overall buying power has declined;
US stock futures (Dow, Nasdaq) slightly rose before the open, the external environment is temporarily stable, and there is no direct drag on the crypto market.
Currently, the technical scene is the core battlefield of bulls and bears.

Bitcoin (BTC)
1-hour: Bulls need to break 89,500 to maintain strength, targeting 90,500 - 91,500.
4-hour: 88,000 is the intra-day support/resistance level. Holding here means high-level consolidation continues; a close below indicates a correction, with support at 87,000 - 86,000.
Daily: The daily closing price must stay above 90,500 to confirm a reversal of the downtrend and open a new chapter towards 92,500-94,500 or higher. Without breaking above, everything remains just talk.

Ethereum (ETH)
1-hour: Watch for a breakout above 3,020; after stabilizing, target 3,050 - 3,100.
4-hour: Losing 2,950 indicates weakening, with support at 2,900 - 2,860.

Key reminders:
If Bitcoin cannot break above 90,300, the market may fall again, performing an extreme "long and short trap" shakeout. Important support levels below are: 87,600 - 86,000 - 83,800 - 80,600.
Pay attention to daily closing prices: today and the coming days' daily closes, especially the fight for 90,500, are crucial.
Beware of "long and short trap": during the decision phase, the market often experiences rapid swings to clear stop-loss orders. Control your positions and avoid high leverage.

The market is brewing for a major change; our task is not to gamble on the direction but to be fully prepared so that regardless of which side the market chooses, we can respond calmly.
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(Personal trading notes for exchange only, not investment advice)
Market risks are always present; operate cautiously, and bear the profits and losses yourself. #今日你看涨还是看跌？ #BTC行情分析