In this market, what truly determines how far you can go is never the rise and fall of a single market trend, but whether you can remain clear-headed and execute during each fluctuation. The cryptocurrency market is not short of opportunities; what is lacking are those who dare to persist in panic and can restrain themselves in the face of temptation. Short-term gains and losses are merely part of the process; long-term stability is the true outcome. Remember this: the market will repeatedly wash out traders, but will always reward those who are patient, disciplined, and willing to take action. As long as the direction is right, the mind is undisturbed, and the steps are steady, the opportunity will definitely stand by your side.
From the perspective of Bitcoin, the trend has turned into a retreat and repair after a failed surge. From the four-hour level, it failed to effectively stabilize above 90000, and the surge to the 90599 level resulted in a significant upper shadow and large entity retreat, directly interrupting the original upward rhythm. The price has retreated to oscillate near the middle track of the Bollinger Bands, indicating insufficient support at high levels and a weakening of bullish continuity. At the one-hour level, although there was a rebound after a previous continuous downward volume, the rebound was limited. The K-line has repeatedly faced resistance in the 88800–89200 area. While the lows have not broken previous lows, the highs continue to decline, indicating a weak rebound repair rather than a trend reversal. The current core feature of the market is that the selling pressure above is still being released, while there is short-term support below. However, both bulls and bears are entering a game phase. Before re-establishing above the key pressure area, the trend remains in a weak oscillating structure after a high-level retreat. Moving forward, more time and space are needed to gain new directional choices rather than blindly continuing the bullish mindset.
Bitcoin short at 89200-88700, target around 87500.
Ethereum short at 3020-3050, target around 2940. #BTC #ETH $BTC
