The market always rewards rationality and persistence, rather than luck and restlessness. There is no need to worry about short-term fluctuations, nor to doubt due to temporary losses. Treat every fluctuation as practice, and turn every review into growth. No matter how long the night, dawn will eventually arrive; no matter how winding the cycle, it will ultimately face the sun. Your current calmness and perseverance will eventually bloom into unexpected surprises at some turning point. Bitcoin has fallen to around 89300, while Ethereum has declined from the morning high of around 3400 to a low of around 3165. Friends who already hold long positions should remain patient and wait for the market to rise further.
Observing from the four-hour level, the market has previously fallen continuously from the upper Bollinger band to the lower band area, followed by a gradual decline in bearish momentum, entering a stable and continuous rebound stage. The long lower shadow appearing at the bottom indicates strong support at low levels, and the willingness to buy is evident. At the hourly level, although the market had once consolidated near the lower Bollinger band, the dense structure of lower shadows continues to release stabilization signals, indicating that bearish pressure has significantly weakened, and the low-level support system is gradually solidifying, creating favorable conditions for subsequent rebounds and even upward breakthroughs. Overall, in the short term, the market remains primarily in a state of oscillation and accumulation, and the rebound trend has not yet reversed. Future attention should focus on the effectiveness of the support below and the sustained performance of rebound momentum.
Operational suggestions:
Bitcoin: around 89500, target 92000
Ethereum: around 3150, target 3400
