EarlyC,LateA

Long-term (1-day) trend: The market is in a bottoming rebound within a downtrend, showing initial signs of stabilization. The daily MACD shows a golden cross but remains below the zero line, requiring more time to confirm the subsequent trend. Key resistance levels: First is the $92,000-$93,000 range, which is the focal point of the battle between bulls and bears. Additionally, there is the previously high-pressure zone at $95,000-$96,000 mentioned in the news. Key support levels: Most importantly, the $90,000 level, which is a critical point of tug-of-war between bulls and bears. If this leve

Short-term trading strategy (intraday): Due to the clear weakness shown on the 15-minute and 1-hour charts, we recommend avoiding blindly buying the dip. If the price rebounds to the short-term resistance zone around 91200-91500, consider taking a small short position with a stop-loss above 91700. The key support below first focuses on around 90800; if broken, the next target will be the psychological level of 90000 mentioned in the news. If 90000 is effectively broken downward, the short-term may accelerate its decline, and we should follow the trend accordingly.
Medium-term trading strategy