The market has been relatively stable lately, with everyone waiting for the Federal Reserve's move on interest rate cuts. Once again, I urge everyone to implement risk controls in advance to avoid premature reactions.

Bitcoin Daytime Analysis

Bitcoin's movement on Monday was basically range-bound. Yesterday, after testing above 92,000, the bulls failed to sustain momentum and the price fell back under pressure, displaying an overall consolidation pattern.

On the four-hour chart, the price is showing a narrowing parallel range. The fluctuations are becoming more limited. Resistance is at 91,700, and support is at 88,500. Looking at the market, the price is likely to see a slight pullback and then rebound during the day. For swing and long-term trading, you can focus on trading between the upper resistance and lower support levels.

Currently, you can consider going long in batches around the 89,900-89,500 area, targeting the 91,700 level. #BTC #ETH