Recently, the market has been interesting. It looks like a crash, but actually it's a signal—smart money is quietly accumulating.

You can see the signs within the past 24 hours. As soon as the Federal Reserve's actions were announced, the market was hammered; ETH upgrades also couldn't sustain the price. The market was in a panic, but look at the exchange spot flows? Continuous net inflows, large institutions haven't moved at all. This is almost a typical consolidation pattern.

What does the current data look like? BTC is still hovering around 90,300, firmly holding the 88,500 level. If this level can be maintained, the next rally towards 93K-94K isn't a dream; if it breaks, then it drops to 85K to find support again. Easy to say, but execution tests your mental strength the most. But don't ignore a detail—this week, spot ETF inflows are still pouring in, nearing 300 million USD. The genuine cash from institutions is more honest than emotions.

ETH is even more painful. The upgrade deflationary narrative sounds good, but the price has been unmotivated, weak at around 3,090 USD. The real defensive line is actually at the 3,000 mark. If it breaks below, in extreme cases, it could go down to 2,850 to find a bottom. Although the hourly chart shows a rebound now, don't get too happy— the major trend hasn't reversed, this is just a bounce within a consolidation.

How to operate? Three points:

1. Don't think about going all-in at once. Everyone wants to buy at the lowest point, but no one can really time it perfectly. Buy gradually around key support zones—between 88.5K-90K for BTC, near 3000 for ETH—this way, you can participate in the rebound and control risks.

2. Risk management must come first. Any bottom-fishing plan must include stop-loss. If BTC effectively breaks below 88.5K or ETH falls below 3000 without a rebound, then exit first and observe—don't gamble recklessly.

3. Patience is the most valuable. Sudden dips in a bull market are common. The fear index is currently hovering in the "fear" zone. Hold your spot holdings, stay away from leverage, and remember that big market moves require time to brew.

Many say "I am greedy while others are fearful," but there's a premise— you need backup plans and enough discipline. The market is mainly digesting previous profit-taking now, and a consolidation pattern is certain to continue. Secure your core positions, and wait for new narratives to emerge—that's the key to making money.

What do you think about this rebound? Is it a buying opportunity or is the risk just beginning? Share your current position allocation.

(Disclaimer: This article is for market information sharing only and does not constitute investment advice. Cryptocurrency markets are highly volatile; please make your own judgments and decisions.)