#数字货币市场洞察 The late-night market saw a strong surge.

$BTC A unilateral rally of over 4,000 points directly kicked open the iron gate at 90,000, and the bulls, who had been holding back for so long, finally turned things around. The daily K-line closed with a robust bullish candle, with the price breaking through the middle band and continuing upward, reaching as high as 91,700 before encountering significant resistance and then pulling back to stabilize at 88,900.

However, caution is needed at this level. There is a considerable amount of trapped positions above 91,700, so whether the price can withstand the selling pressure on a second attempt at this area remains to be seen. Although the 90,000 mark has been breached, it hasn't been firmly established—bulls and bears are still in a tug-of-war around this level, so the short-term is likely to maintain a wide fluctuation range.

In this kind of movement, chasing highs or selling lows can easily get you caught; range trading is actually more stable.

Trading ideas for reference:

$BTC You can consider going short in the 91,300–91,800 resistance zone, with a target back to 90,000;

$ETH At the same time, set up short positions in the 3,130–3,160 range, aiming for around 2,950 below.

As volatility increases, don't slack on position management.