The recent market movements have indeed been quite tumultuous. The rebound in the early morning once surged to 91252, but by midnight to early morning, it started to decline slowly again, with the lowest touching 90314. Afterwards, it entered a sideways tug-of-war, and when I opened my eyes in the morning, it was back around 90600. The wide fluctuations overnight provided several entry opportunities. Those who bought low in the early morning gained over 1000 points, which is a pretty good harvest.

Ethereum's rhythm is similar, with price hitting resistance after rising and then pulling back, with the lowest around the 3100 level. Compared to Bitcoin, the volatility range is slightly smaller, with about 70 points of room for low-buy operations in the early morning. Honestly, with such large daily fluctuations in front of us, few can grasp them accurately. Many either missed the opportunity, got caught in a trap, or are even close to liquidation. This kind of regret is indeed hard to bear.

From the market structure perspective, after this wave of fluctuations, the short-term has entered a consolidation phase. Although there was a pullback, the bullish momentum remains unchanged, and the pattern of higher highs and higher lows continues. The short- and medium-term bullish logic remains intact, with the daily chart having resumed its bullish recovery after a cycle adjustment, and the possibility of a series of positive candles is still high. The correction has basically come to an end, and the upward trend is gradually being confirmed, with obvious signs of increased buying volume. However, this is not an extremely strong one-sided market but a steady upward pace. The key now is to watch the strength and speed of the second surge. After the surge in the early morning and midnight, the small cycle is correcting its steps. As long as we stay above this step, we can continue to go long.

In terms of operations, on Monday morning, Bitcoin can consider entering long positions around 90400-90200, with the first target to see if it can break through 92500. For Ethereum, go long around 3100-3080 and keep an eye on the performance around 3200.