One must cherish the bear market; without the bear market, ordinary people cannot make big money at all. Without a bear market, where do so many bloodied low-priced chips come from? The bear market is also the best training ground for mindset. True traders should be happier the more it falls — because after falling for a while, you can buy more of your desired valuable coins with the same amount of money. There are many coins I wish would halve and halve again; with the same capital, I can get more chips, which is the most reassuring joy.

Friends who have seriously followed the analysis this week and executed it, during the drop from 72,000 to 66,000, have been able to hold steady and capture the entire profit. The market was extremely thin on Saturday, and the bullish volume of BTC on the four-hour level has shrunk to a freezing point. Global capital is holding its breath waiting — Trump is likely to make a significant move this weekend, which will probably ignite the global market! On the technical side, BTC's daily line has effectively broken below the lower track of the ascending channel, and the trend has completely turned bearish. The current key support is in the range of 62,500 to 63,000. Once it is lost, the next stop will directly look at the round figure of 60,000.

Currently, the bulls are still holding onto hope, simply because the 60,000 level has not been broken. Remember: the dead silence of the weekend is just the calm before the storm next week! Once the price effectively breaks below 60,000, the bulls will collapse entirely, trampling out in panic, and the market will enter an accelerated downtrend, with the ultimate target aimed at the 40,000–45,000 range. Let's wait and see.

Trading strategy: At this stage, it is strictly forbidden to catch the falling knife or to go long; only short-term / ultra-short-term experts can take small positions to gamble. The confirmed trend is a unilateral downtrend, and greater risks of decline are still ahead; holding back is winning.

Yesterday afternoon, it was clearly stated: Ethereum relies on the 2,000 level for support, don’t expect a direct reversal, watch for 1,960 after consolidation. As a result, the evening market directly hit 1,966, and the trend basically aligned with our expectations.

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The above content is merely a personal thought-sharing and does not constitute investment advice; profits and losses incurred from operations based on this are at your own risk.