Yesterday evening's prediction suggested a bullish target near 93000 for Bitcoin, looking towards 95000, which has successfully been reached. As always, it's a matter of validating the thought process ahead of the market's movements.

Without further ado, let's look at today's content.

Yesterday, the price of Bitcoin rebounded above 94000, reaching near the previous support point, with the market showing a pattern of narrow adjustments at high levels. Combining technical analysis with recent trends, the current market remains primarily in a continuation of the oscillation range.

Technical Analysis:

Daily Level: The oscillation range remains unbroken, with resistance on rebounds.

After several days of fluctuation, the daily price of Bitcoin has once again touched the critical resistance level of 96000 but has not formed an effective breakthrough. Recently, the price has consistently oscillated around the 90000-95500 range, indicating that the market's tug-of-war between bulls and bears is still ongoing. The daily MACD indicator shows a narrowing convergence, while the KDJ three lines are turning down from a high position, suggesting insufficient upward momentum in the short term and a need for a pullback.

Ethereum (ETH) is also under pressure.

Ethereum's movements are correlated with Bitcoin, with the current price hovering in the 1815-1830 range. The four-hour chart shows that after breaking below the middle band of the Bollinger Bands, the rebound was hindered, with the MACD forming a death cross and the green bars expanding, indicating short-term bearish dominance. Key support is noted at the 1750 line; if broken, it may exacerbate the downward space.

Operational Suggestions:

Bitcoin High Short Entry Point: Enter light short positions in the 95200-95500 range.

Target: Around 93500 (if broken, can look down to 92000) Stop loss: Above 96000 (to prevent sudden breakthroughs).

Ethereum Synchronize High Short Entry Point: Enter short positions in the 1815-1830 range.

Target: Around 1750 (if broken, can look down to 1720).

Stop loss: Above 1840.