The fluctuations in the cryptocurrency market are unpredictable; patience is more precious than luck, and respect is longer lasting than greed. Do not let short-term price swings disturb your mindset, and do not let market sentiment influence your decisions. Maintain your capital baseline, stabilize your long-term rhythm, and weather the bull and bear storms; you will eventually wait for your own market and rewards. Bitcoin is under pressure from the 92455 line, with bullish momentum continuing to weaken, and the price has dropped to the critical support level of 87976; Ethereum has shown a pattern of rising first and then falling, initially climbing from a low position to the high point range of 3192, but as market sentiment shifts, bullish momentum significantly weakens and quickly reverts, reaching a low of 2996.
From the current market perspective, the four-hour level shows a three consecutive bearish candle breakout, with the price effectively breaking through the lower Bollinger Band support, forming a bearish arrangement. The trend suppression characteristic is significant, and short-term downward momentum remains strong. The hourly level, after a brief consolidation, has again seen a significant drop with expanding volume, and rebound momentum continues to exhaust, with bearish forces dominating the market and the correction trend showing no obvious signs of relief. Combined with the technical background of the previous key support level being broken, market panic sentiment has not been fully digested, and the bearish trend is strongly continuous. For subsequent operations, it is recommended to look for opportunities to layout near resistance levels in the rebound repair range, relying on the rebound nodes to intervene in line with the trend, strictly executing position management and stop-loss discipline, seizing opportunities for the continuation of the downward trend, while firmly avoiding blind buying at the bottom and counter-trend holding.
Operational Suggestions:
Big Coin: Around 90000, target 87000
Second Coin: Around 3100, target 2800
