The recent rebound of Bitcoin started from 89,500, rising nearly 1,000 points. The next question is whether it can hold this level—if it falls below 89,300, then it depends on whether 87,000 can support it; conversely, if it stabilizes, 94,500 will be the next focus.

From a technical perspective, the biggest risk for contrarian positions is not hitting the right entry point, which can cause delays. Once it drops to a suitable level, rebounds become much easier. In the short term, the resistance levels above are at 92,366 and 93,800. If these cannot be held, 94,500 may be tested.

The actual trading approach is as follows: aggressive traders can start going long at 89,800, but for a more conservative strategy, it's better to wait until the price retraces to support levels at 89,500, 88,500, or 87,000, with the final defense line at 86,700. On the short side, consider shorting at the resistance levels of 92,366 and 93,800, waiting for downward opportunities.

Ethereum's resistance levels are at 3,161, 3,200, and 3,259, with support at 3,300. If it drops, opportunities to go long are at 3,066, 3,016, and 2,976, with the last protective line at 2,950. If the market rebounds, continue to look for buy points on retracements, while shorts wait for resistance levels above.

Importantly, always set stop-loss orders when opening positions—500 points for Bitcoin, 50 points for altcoins. When the market triggers, watch the next key levels and avoid stubbornly sticking to the original strategy. The market never lacks opportunities; what’s missing is the right mindset and proper position management—these are the foundations for long-term stable profits. Be respectful of the market, and when major news arrives, adjust your thinking promptly and respond flexibly. Wishing you successful trading!