This morning at 10:00 AM, the snapshot shows Bitcoin trading within a narrow range around 90,670. The 24-hour volatility is less than 0.1%, indicating the market is somewhat hesitant.

Let's start with support levels—remember these key price points:

90,000 is the first psychological barrier; if broken, it will likely head straight to 89,000. 89,000 is the real hard support, where the chips are densely accumulated, and it also represents the lower limit of 24-hour volatility. If this level is broken, be alert for an accelerated decline. 88,700 is the bottom line—this is a short-term stop-loss point. If broken, exit decisively; there's no need to hold on stubbornly.

On the resistance side: 91,000 is the first level of resistance, not particularly heavy. If it holds steady, look towards the 91,500-92,000 range. This zone has been breached multiple times unsuccessfully; only a volume breakout can open up new upward space. Higher up, 93,000 is an important medium-term resistance point; breaking through could lead to 94,500-95,000.

Operational points: keep position size within 20% of total funds, with single trade stop-loss no more than 5%. Never go all-in or use high leverage. Wait until 90,000-90,500 stabilizes before considering low buy-ins. A volume breakout above 91,500-92,000 is a bullish signal. Until clear signals appear, observe more and act less, especially when ETF fund outflows and Federal Reserve rate cut expectations are still uncertain.

Finally, a risk warning: if the 88,700 support level is broken, reduce positions to hedge risks, and wait for the next support confirmation before taking further action.