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Bitcoin experienced a volatile decline last night, forming support around 87,800 before starting to rebound. Currently, the price is fluctuating around 88,400. Last night's short position operation was precise, ultimately earning about 1,350 points.
From the morning trend, Bitcoin shows clear support in the 88,200-87,700 range. If it can effectively hold steady here, the next target could be 89,200-90,200. This range is worth close attention and is key to judging the subsequent direction.
On the other hand, Ethereum also formed support around 2,950-2,930, with expectations to target the 3,000-3,030 region after a breakout. Both main cryptocurrencies are currently at critical technical levels, and their subsequent performance will directly influence the overall market rhythm.