The early dip reached a low of 87402.6, and many people were still bearish. However, BTC quickly turned around and surged, breaking through the 90,000 level by midday, with a high of 90144.5. This rally was quite aggressive, and in the short term, the bullish momentum is being fully released.

From a support perspective, the early low of 87402.6 has now become a strong support level. During the rally, there was almost no deep correction, indicating that the buying pressure below is not weak. The 90000 level, which was just broken, will likely serve as psychological support in the short term.

What about the midday trend? Most likely, it will continue to fluctuate within the range of 89500 to 90500 at a high level. After the first breakthrough of the 9万 (90,000) level, some traders will definitely take profits, but in a bullish dominant pattern, the pullback space won't be too large. If the bulls continue to exert strength and capital keeps flowing in, it might test 90500 or even 91000; conversely, if negative news or large sell orders appear, a pullback to the support zone of 89000 to 89500 could occur, but breaking below 89000 is unlikely.

In terms of trading strategy, bulls can enter lightly in the 89500 to 89800 range, with a stop-loss at 89000, targeting 90500 to 91000. If you're shorting, it's best not to act impulsively in this one-sided upward trend unless clear signs of stagnation appear above 90500. At that point, a small position could attempt a short-term short with a target back to 89500 or 89000, and a strict stop-loss just above 91000.

Finally, a reminder: the crypto market is highly volatile. Be sure to control your position size and set proper stop-losses. Also, pay attention to macro news and large capital movements, as these often can change the short-term market landscape.