Many people start to worry when they see Bitcoin closed with a bearish candle yesterday, but in fact, this pullback is nothing to fear. Carefully examining the cycle, the overall trend remains clearly bullish. This wave of decline is a typical "volume contraction shakeout"—the purpose is purely to cleanse those impatient long positions.

**Bitcoin Situation**

The weekly chart looks good. The volume appears to be decreasing while prices are rising, and the SKDJ indicator has formed a golden cross, signaling a clear bullish signal. As long as this week can close above 94,000, next week is likely to retest and then continue upward.

The daily chart is a bit messy. Yesterday’s bearish candle broke the continuous upward momentum; 97,000 didn’t hold. The current task is to fill the previous gap (which is related to the ETF). If it can stabilize around 94,000 and consolidate sideways, building momentum for a breakout, the situation will become very interesting.

**Core Entry Strategy**

We will follow a long position approach. This pullback is just a shakeout; our bullish judgment remains unchanged.

There are two key support zones:
- **94,400**: This level is critical. Previous resistance has now become support, and the psychological level is also important.
- **93,500**: This is the truly solid entry point. It aligns with Fibonacci retracement support and is also a resonance point in the structure, making it relatively the safest place to go long.

Above these levels, look at 97,000 first, which is a short-term resistance. Break through that, and we look higher.

**Ethereum Perspective**

ETH’s pace is clearly lagging behind BTC. It has not broken its high, appearing somewhat weak, but the overall upward trend remains intact and has not been broken. Currently, it’s hovering above the 3,261 support level, which is very critical. If it can hold here, there’s still a chance for further upside.

Overall, now is a good time to position at low levels. The pullback is not a risk but an opportunity to get in.