Early Saturday morning, #大户持仓动态 and $BTC once again engaged in a tug-of-war.

Looking back at yesterday’s rhythm: Bitcoin retraced from the high of 88,500, finding support around 84,408 and holding steady, then rebounded to 89,374. However, it faced resistance at that level and started to decline again, currently oscillating around 86,795 for confirmation. Ethereum’s performance was largely synchronized, dropping from 2,966 to 2,772, then climbing back up to 3,017. The rhythm is similar to BTC.

From a four-hour perspective, the rebound after this dip is fairly strong, but currently stuck at the middle band of the range. The resistance above has not been effectively broken, and the support below, despite multiple tests, remains firm. This kind of movement is essentially a technical correction after a decline, not a particularly strong showing. The trend framework has not changed, but it has not entered a strong upward phase either. In the short term, expect continued oscillation within this range.

On the one-hour chart, the short-term rebound is still ongoing, but you can feel the momentum weakening. The push for new highs is somewhat lacking, indicating market sentiment is becoming cautious—this is a sign of digestion. As long as key supports are not broken, the short-term structure remains relatively stable. But if support is breached, be cautious of further pullbacks.

**Trading references:**
- $ETH Watch the support around 87,300; consider going long at low if opportunities arise, targeting around 91,000.
- $BTC Keep an eye on 2,930; consider entering in batches, with a target near 3,200.

The market will never give you absolute certainty. Manage your risks well and let your bullets fly a little longer.