The crypto market tonight feels like it's been put on slow motion – Bitcoin and Ethereum are sluggishly 'recovering', but the energy is as soft as if they haven't eaten enough, a typical case of 'after a hard drop wanting to climb back up, yet no one is reaching out to help.'
Plain language interpretation + personal opinion:
These two big brothers (Bitcoin and Ethereum) have fallen hard before, and now their rebound feels so 'hollow': obviously oversold and due for a rise, yet the market shows no momentum, with buy orders pitifully low – it's like getting beaten up in a fight, wanting to stand up but feeling weak, and although there are many watching, not a single one lends a hand.
I dare say this is 'emotion not yet settled': that previous massive drop frightened a lot of people, and now, even if prices have hit their lows, no one dares to enter easily, fearing 'just when I bottomed I get buried again.' For example, last month when a certain altcoin plummeted 40%, its rebound only rose 5% before getting stuck – it's not that the coin is bad, it's that retail investors have been scared off by the drop, and 'waiting and seeing' has become the mainstream.
At this point, don’t just look at the 'weak rebound', keep an eye on 'who makes the first move': if Bitcoin can first stabilize at key levels (like the current support level), even a rise of just 2 points could activate buying – after all, the crypto market never lacks funds ready to 'take advantage of the wind', just waiting for the first one to take the lead.
Zhang Tianshi summarizes:
'This kind of 'soft rebound' market is most likely to drive retail investors away, but it also hides opportunities for 'scooping up bargains.' Do you want me to help you mark Bitcoin and Ethereum's key levels tonight? Just keep an eye on these numbers to catch the right rhythm?'

