#美联储回购协议计划 Bitcoin is currently fluctuating around 90,000, and the 4-hour chart has already reached the upper Bollinger Band, indicating a strong zone after a clear rebound.

Looking at the structure, 84,000 is the starting point of the previous low rebound—this is not a random retracement but a gradual upward movement with volume, and the short-term trend has already turned strong. Above 90,000, there is a dense area of previous high points' chips, so short-term fluctuations or pullbacks are inevitable. The price is far from the middle band, so the safety margin for chasing longs now is limited.

The short-term plan is: do not chase the rally blindly, wait for the pullback to stabilize around 88,500-89,000, then consider a long position. If it can volume-wise stabilize above 90,500, that would be a sign of the trend continuing. Once it breaks below 88,000, this rebound structure will be broken, and it’s better to stay on the sidelines. $BTC $ETH can be viewed with a similar approach.