Recently, BTC's trend has been quite interesting. From the early morning market, the price has been oscillating repeatedly between 893 and 903. Although it hasn't broken new highs, from the four-hour candlestick perspective, the rebound demand is still quite evident.

Based on technical analysis, BTC is likely to continue seeking a bottom around 86588-94700 before making another wave of rebound. The recent low indeed touched around 87200, which is very close to this expected lower boundary. The recent rebound strength has also been quite vigorous, supported not only by technical factors but also by the resonance of some external factors.

Speaking of external factors, some macro news lately are worth considering. For example, a major country announced that it will open finished oil exports in February, which may indirectly reflect a decline in its internal energy demand—after all, military activities do not lie. If there are signs of reduction, the global geopolitical landscape could have some room for easing. Additionally, the new Federal Reserve chairperson's appointment is also about to be announced, and the hawk-dove stance differences will directly impact the subsequent liquidity environment.

With such complex news, trading strategies also need to be adjusted accordingly. The previous left-side order placement approach has been completely canceled, shifting to more conservative right-side entries or small stop-loss hedges up and down. The former offers better stability, while the latter can earn about 1000 points more but requires higher mental resilience. Currently, it's just waiting for a clearer breakout direction, with specific support and resistance levels still based on the previous analysis framework.