Those who have endured the darkness will eventually encounter their moment of glory in the next cycle. Looking back at the early morning market, Bitcoin's price touched the 91,425 level before quickly retreating to around 90,500. It then rebounded, ultimately rising to around 91,200 and entering a sideways consolidation phase; Ethereum also completed its retracement and rebound, dropping to support at 3,087 before recovering, currently oscillating around 3,120.

The current four-hour price is fluctuating between the middle and lower bands of the Bollinger Bands. The brief rebound after a slight dip, though limited in strength, clearly indicates that the support below is effective, and the market's downward space has been blocked. On the hourly chart, the resistance and momentum near the upper band are weakening, which precisely reflects that the market is in a healthy accumulation and consolidation stage, rather than a weakening trend. This time-based consolidation is gradually digesting the upward pressure, accumulating energy for a future breakout. Monitoring the stability of key resistance levels now creates a good opportunity for setting up long positions and preparing for the next upward trend.
Trading suggestions:
Bitcoin: Wait around 90,500, target 94,000
Ethereum: Wait around 3,060, target 3,300