I am part of the Bitcoin bullish camp. Those who say K-line charts are useless, frankly, just haven't fully understood the technical aspects. The candlestick chart reflects the battle results between the bulls and bears in the market, and the trading volume shows the true behavior of capital inflows and outflows. Financial markets are inherently connected to mathematics and geometry, and the fundamentals determine the overall direction—that's the core.

From the perspective of multi-timeframe resonance, the weekly and monthly charts have formed a resonance point around 90550. This correction is positioned within the 0.382-0.5 range of the major trend, which is also the 0.886 support level of the previous trend. On the daily chart, the reversal downward trend has reached the 0.25-0.382 level. The earlier small cycle touched the 0.5 level near 94500, then entered a consolidation pattern.

Looking at the 8-hour chart, the small reversal still occurs around the 0.382 level, combined with the small cycle's 0.5 level, roughly around 90,000. On the 4-hour chart, the W pattern has doubled, breaking the previous high, with a pullback to the T point at 90599, which is a resonance level. This position also coincides with the R point of the 1-hour M2 pattern, and more precisely, it lands on the 1-hour trend line. The 1-hour chart shows a volume-increasing bullish pb signal, and the 15-minute chart exhibits an engulfing pattern. Coupled with yesterday's non-farm payroll data, which had both bullish and bearish implications, it is now more important to return to technical analysis for judgment.