Evening Analysis

Bitcoin retraced to support and stabilized, short-term bullish setup has emerged
After a rapid decline to the key support level of 86,000, Bitcoin stopped falling, and the 1-hour chart shows clear signs of stabilization and rebound. The current price has risen back to near the middle Bollinger Band, with moderate volume expansion, and buying pressure continues to absorb selling pressure below.
The previous sharp decline has fully released short-term bearish momentum. The KDJ indicator is turning upward, and bullish sentiment is warming up accordingly. The low-cost buying opportunity is highlighted, and the probability of a continued rebound is very high.
Consider long positions around 86,500-87,000 for Bitcoin, targeting 89,500-90,000
Consider long positions around 2,840-2,870 for Ethereum, targeting 3,000-3,030