Bitcoin early morning outlook, four-hour level maintains strong momentum, rhythm "advance two steps, retreat one step," healthy structure. The current trend is slightly bullish, pullbacks are buying opportunities, holding above 90800 keeps the upward structure intact; if volume breaks through 94200, it will open the space to test new all-time highs.

Entry: Stabilize around 92800-93000 for position entry; if it pulls back again to 91800-92200, add to the position, with strict stop-loss.

Stop-loss: Below 90800 (break below indicates short-term structure weakening, consider exiting and observing).

Take profit: Reduce positions at 93800-94200, close positions or hold light positions at 94800-95000 to gamble on new highs.

Target: 96500