Morning Bitcoin surged to 93,800, Ethereum briefly tested 3,300, and the overall market showed a oscillating downward trend during the daytime. In the evening, Bitcoin once retested the 91,000 level, with Ethereum moving down in sync.

Currently, the market is in a bottom consolidation phase, with bearish momentum clearly weakening. On the four-hour chart, the price is operating near the lower Bollinger Band, with insufficient downward continuation of the K-line, and strong support at the lower band. This is a very typical bottoming pattern, with rebound momentum building up. Since the decline has not effectively broken below, and the bottom support is confirmed to be strong, the evening and subsequent layout ideas are very clear: rely on support, mainly buy on dips.

Bitcoin retraced to around 90,700-90,000, with an upward target of 92,300-94,000.
Altcoins retraced to around 3,130-3,080, with an upward target of 3,200-3,300.
$BTC #美联储降息