The market situation at noon remains relatively stable, with Bitcoin stabilizing after dropping to a low near 92800. The overall trend is still in a consolidation phase. This aligns with our morning forecast. Looking at the current trading situation, the daily chart shows a small bearish candle indicating a pullback correction, followed by the market entering a local adjustment phase at a high position. Based on yesterday's market performance, the price of Bitcoin has not continued to decline, so we need to closely monitor the daily closing situation to assess the shift in bullish and bearish forces.

On the 4-hour chart, the 92000 point has become an important support level, and the current market is in the process of pulling back again to confirm the low. Due to significant market fluctuations, trends can easily reverse, so we need to remain vigilant. For the secondary confirmation of the high point, we need to evaluate it in conjunction with the specific market patterns. Meanwhile, the middle line of the Bollinger Bands is about to converge, which may have a certain impact on the market trend.

The hourly trend continues to rise, with buying power appearing to be relatively strong. Considering various factors, the short-term trading suggestion is to consider establishing long positions when prices pull back to seize market opportunities.

Operational suggestions;

Bitcoin: 92000-92500 long, target 95000

Ethereum: 1720-1860 long, target 1830-1890

For reference only