The price has experienced a pullback from around 90,000 points to 85,146 USD, and recently has been oscillating at a low level for repair. Currently, the price is around 87,110 USD, which is a key inflection point between bulls and bears.

The 30-day moving average resistance is around 89,520 USD, and the 7-day moving average is at 87,780 USD. The current price is squeezed between the two moving averages, which indicates a typical weak oscillation pattern. To reverse the downturn, the bulls must push the price up and maintain stability above the 7-day moving average; otherwise, the bears will have the final say.

The upper range of 89,520-90,000 USD is a strong resistance area tonight, as it is both a 30-day moving average resistance and the starting platform for the previous decline. The lower range of 86,000-85,500 USD is a strong support zone, and if it breaks down, it may trigger a new round of decline.

Bull Brother's evening strategy: Before the price effectively breaks through the resistance of the 7-day and 30-day moving averages, I will continue to maintain a cautious view on the oscillation. In terms of operations, do not chase highs and do not panic sell. If the price retests the 86,500-86,000 range and finds support, consider lightly entering a long position to catch a short-term rebound. Conversely, if the price rebounds to the 89,000-89,500 range and faces significant resistance, it may be an opportunity to sell high or attempt a short.

In tonight's market, patience is more important than speed. I am Bull Brother, and we are steady and steadfast. #巨鲸动向