The bear market is a period of cultivation, while the bull market is a time of harvest. When the market is noisy, stay true to your heart; when the market is sluggish, deepen your understanding. Every rise and fall is a classroom for growth, and every choice is a refinement of the mind. Remember, in the crypto world, it's not about who moves quickly, but who can endure. Your resilience and discipline will eventually blossom into an upward curve in your account during some cycle. Looking back at the early morning, Bitcoin retreated from around 90599 last night to a low of 87872, while Ethereum synchronized with Bitcoin's rhythm, retreating from a high of 3077 to the area near 2961, briefly providing a trend for some rebounds.
The current market adjustment is essentially a healthy technical accumulation. The price touching the upper Bollinger Band and then retreating is a normal dynamic balancing process. The moderate reduction in the MACD red bars indicates that momentum is transitioning from an accelerated phase to a stable phase, while the corrective pullback of the KDJ at a high position serves to solidify the foundation for subsequent rises. The fluctuations at the hourly level have effectively cleared short-term floating chips, and the brief correction in the moving average system is actually creating space for a new round of bullish arrangement. The high and low movements during the midnight period further confirmed the solid support at the bottom area, with each retest accompanied by positive buying strength. The market is currently in a critical phase of multi-cycle synchronous consolidation; this is not a bear resonance, but rather a positive signal of reallocation by major funds, gathering energy for future breakthroughs. Real trends often grow in silence, and the current structural consolidation precisely lays a solid foundation for the next round of market activity.
Operating suggestions:
Bitcoin: around 88000, target looking at 91000
Ethereum: around 2950, target looking at 3300
