The morning trend completely aligns with our expectations from last night, with Bitcoin rebounding to the key resistance zone of 94,500 before falling, and the price ratio continuing to decline until it found support at 92,700. The short position was easily managed. Subsequently, the price ratio rebounded, and looking at it now, the morning's decline has almost been fully recovered. Ethereum is developing in sync, with the low point around 1,750, and it is also maintaining a rebound process.

From the current trend, the price ratio has clearly shown a bottoming rebound pattern. On the daily chart, the Bollinger Bands are still opening upwards, showing no signs of closing, while the K-line sideways movement can be fully understood as a posture for upward accumulation and adjustment, with a high probability of further increases in the near term. Looking at the four-hour chart, the previous bearish K-line has formed a long lower shadow, indicating a subsequent rebound, and showing that around 93,600 has become a relatively strong short-term support. On the hourly chart, a deep V pattern has emerged in the short term, and the breakthrough of the previous high seems to have become a certainty. We will adopt a strategy of buying on dips for our layout.

Bitcoin buy at 94,100-93,800, target near 95,300.

Ethereum buy at 1,790-1,780, target near 1,860.