BTC just had a pretty strong V-shape rebound, so the likelihood of the market pulling the price up and then immediately dumping it is very low. In the short term, the structure remains relatively safe — if the price gets pulled back to the bottom from here, that would be truly unreasonable.

The 88,000 zone is currently an important support layer; as long as it holds, this leg should remain basically stable. 80,600 is the true short-term bottom of the entire current wave — and such bottom zones are rarely broken on the first touch. Most likely, the market will continue to range within this band for another 2–3 months.

Currently, BTC has tested the resistance area once on the 4H timeframe; if there’s a second test, special attention should be paid to the 93,400 area. From here, the market could follow two major scenarios:

🔹 Scenario 1: Forming a “clean” double-bottom
If the price forms a double-bottom pattern and breaks the neckline, the next upward move will be quite smooth. The natural target will be 98,000; at that point, we’ll monitor the market to consider opening short positions. However, in my opinion, 100,000 is a strong resistance and not easy to break through on the first attempt.

🔹 Scenario 2: Entering a narrowing triangle (consolidation)
The price could be squeezed around 93,400, but as long as 88,000 isn’t broken, the overall structure remains bullish. This is a kind of accumulation to build momentum for the next move.

❗ Short-Term Advice
• Don’t long near resistance, the risk is very high.
• If you want to short, wait for the 98,000 zone for a much better R:R ratio.
• This is still an observation phase — don’t rush in without a clear setup.