Recently, this wave of adjustment doesn't need to be over-interpreted. Seeing the price fluctuate and then switching camps or frequently stopping losses is, frankly, a sign that the trend hasn't been fully understood yet. In a true bullish market, these small pullbacks are not a big deal at all.

We still adhere to this judgment: looking right now, the overall direction is upward. Occasional retracements can be seen as transitional opportunities for shorting, but all of this is based on a deep understanding of the larger cycle technicals. Looking at external factors, geopolitical risks, Federal Reserve policy expectations, etc., are all positive for the coin price. With technical support and news assistance, there is still room for growth at this stage. Hold your long positions firmly and don't mess around.

On the daily chart, the price has formed a long shadow at a high level, clearly encountering resistance; the hourly chart has been declining from 93,000 and is now in a consolidation zone after a rebound. The signals from indicators are interesting — the hourly MACD green bars are continuous, and both DIF and DEA are still trending downward, indicating a short-term bearish momentum is indeed strong; but the daily MACD is also softening, suggesting a high probability of entering a correction cycle.

Regarding RSI, the hourly RSI is stuck at 46, not yet oversold but overall weak; the daily RSI has already fallen below 50, and the rebound momentum is noticeably weaker. In terms of moving average arrangement, the hourly EMA7, EMA30, and EMA120 are all in a bearish setup, with the price firmly held down by EMA7; the daily EMA7 is also starting to turn downward, likely to seek support at EMA30 next.

Ultimately, the key support level at 91,000 must hold. As long as it does, there’s still room to push higher.

**BTC Trading Suggestions**

01. Enter long positions in the 91,600-92,400 range, with stops below 90,800. Watch the 93,600-94,400 zone; if it can break through 95,000, then continue to look towards around 97,300.

02. If the price reaches the 94,200-95,000 range, consider building a light short position to hedge risk, with stops above 95,800, aiming back towards 92,200-93,000.

**ETH Trading Suggestions**

01. Establish long positions in the 3,190-3,230 range, with stops below 3,150, targeting 3,340-3,380.

02. In the 3,360-3,400 range, try short positions with stops above 3,440, aiming back towards 3,250-3,300.