Bitcoin has experienced a strong bullish rally today. Starting from the early morning low of 90125.5, it steadily moved upward throughout the session, reaching a high of around 90832.6. Currently, it stabilizes around 90644 USD. The 24-hour gain is modest at only 0.14%, but the underlying logic is quite clear—earlier ETF fund outflows caused a pullback, which has now largely eased, and the market is gradually emerging from the bottom.

Ethereum's performance has also been impressive, closely following Bitcoin's rhythm and steadily rising, further confirming the strengthening of the mainstream coin bullish sentiment.

From the daily chart perspective, the price fell from the high of 94600 to around 89300, completing a bottoming process. Now, a clear stabilization and rebound structure has formed. The MACD histogram remains negative but is gradually shortening, indicating that bullish momentum is slowly building. Although the moving averages still face some resistance, a steady upward trend has begun to emerge.

The four-hour timeframe more vividly reflects this oscillating strengthening pattern. The price relies on short-term support to rebound steadily. The KDJ indicator remains neutral to bullish. Although trading volume has not significantly increased in the past 24 hours, selling pressure is weakening, further solidifying the foundation for the bulls.

To summarize the current market logic: after experiencing prior liquidation pressure, the bulls are gradually accumulating strength. This correction is not a trend reversal but a typical consolidation and shakeout—aimed at absorbing the 9000 USD round number chips and preparing for the next upward push. Based on the technical and capital flow recovery trends, the overall direction today is quite clear: go long.

In terms of trading strategy, it is recommended to seize the retracement opportunity to build long positions. Entering around the 89500-90300 range or at support levels of 88800-88000 is considered more prudent. On the upside, focus on 91500 as a short-term resistance level. If broken, the next target is the previous major resistance at 94500.