A brief overview of the U.S. stock market before the opening:

Bitcoin has dropped from $BTC to 86600 in just one day, indicating strong bearish sentiment in the market, with no rebound exceeding 5000 points for two consecutive days. Currently, the daily chart has entered the oversold zone, and there is a technical demand for a rebound in the short term, but the overall bearish pattern has not yet been reversed.

The current resistance level is between 91550-92300. If the price rebounds to this area and cannot effectively break through, bearish forces may once again dominate the market. Tomorrow's Nvidia earnings report will be quite important, and I boldly predict that Nvidia's earnings will fall short of market expectations, with a significant likelihood of negative impact. For those who entered long positions at the bottom, pay close attention to the resistance level and consider reducing at least half of the position near that level. A breakthrough and stabilization above this point would confirm a shift to bullish sentiment, allowing for further long positions.

The support level at 85000 is quite strong; if it breaks downward, then consider the 81000-85000 range, which would create a vacuum zone. Place long orders near 81000 and watch for a rebound. Some altcoins I entered today performed well, although it's a pity that $BNB hit my breakeven stop before going back up.

In a bearish trend, you can try placing short orders at resistance levels, with a stop loss between 1-2%.