The overall market remains in a range-bound consolidation pattern. Although the smaller time frame technical structure of Bitcoin is in a rebound correction cycle, the rebound momentum has already significantly weakened. In the short term, focus on the resistance at 88,800. If a breakout occurs, we can look further up to the previously emphasized high-pressure zone of 89,500-90,500. At that point, consider positioning for a short position within that range, with proper stop-losses on smaller time frames. The initial target below remains at 87,500, and if it breaks further down, watch the support at 86,500. Before the market effectively breaks out of the consolidation zone, brothers can operate according to this strategy.

On the altcoin side, it is relatively stronger than Bitcoin, but only slightly. After a period of sideways consolidation, it has begun a rebound trend. Short-term resistance levels to watch closely are 3,030 and the previous high of 3,080. On the support side, first look at the key level around 2,950. If this level breaks, continue to look down to the support at 2,880.