CyberBTC

$ETH The market is currently in a weak downward trend.
🌟Technical Analysis: The structural resonance across all cycles is weakening, and the 1H has formed a downward channel. The current price is gaining temporary support around 1940.

⚠️Key Levels: Pay attention to the resistance at 2040 (short-term strength line) and 2150 (trend turning bullish line) above. The key support zone below looks towards 1820-1750.

🧐Core Observation: Whether it can quickly rebound and stabilize above 2150 in the coming days; otherwise, the downside risk will increase.

Every bear market, there will be a major institution in the industry collapsing as a sacrifice, will Bithumb be the protagonist this time
#BTC #Bithumb

$BTC The current market is weakening, having closed with two consecutive bearish candles. Although there was some increase in volume yesterday, it did not effectively stop the decline. Today, the K-line once again closed with an upper shadow, indicating heavy selling pressure above.

👉 Key support levels:
- 66800: As a recent support level, it is currently unlikely to hold.
- 62800-60000: This is an important dividing line between bulls and bears. Among them, 62800 is the last defense line for bulls; if it breaks and cannot quickly recover with volume, the trend will clearly turn bearish. 60000 is the last critical stop-loss level for bulls; if it is effectively broken, it will signal a full turn to bearish.

👉 Overall strategy: Maintain a bearish view, but the current price level is not suitable for entering the market hastily.
👉 Key observation period: Closely monitor the market movements from this Friday to Sunday (the next three trading days). If the price continues to be sluggish and cannot recover key technical levels, the bearish logic will be further reinforced.

The market is really weak.

$ETH trend analysis:
Currently, the market seems to be struggling to decline, and the exchange rate has also stopped falling. With the Spring Festival approaching, there is a high probability of a rebound. $ETH shows a trend of forming a double bottom; if there is a recent increase in volume that breaks through the resistance levels of 2040 and 2150, it is expected to initiate a rebound testing 2400 and 2600.

Operational thoughts:
1. Wait for a breakout signal to go long in the short term.
2. Wait for a rebound to the resistance level to go short at high positions.

Execution plan:
- Short-term long: enter long at the breakout of 2150, target 2400, 2600, stop loss at 1950.
- High position short: set up short positions near 2600, stop loss at 2700.

The entry time and points are incorrect.
Time refers to when you choose to short after a continuous decline, which inherently carries the risk of a rebound; and with the weekend approaching, the probability of fluctuations is very high.
Points refer to the fact that the space for a decline below the 1800 position is very small, and the risk-reward ratio for opening a position is very low.

$BTC $ETH Short-term rebound after a decline, shorting is not recommended anymore

As the weekend approaches, it is not recommended to enter the market; wait to observe the weekend's trends before deciding.

The script of $ETH is clearer and more brutal than $BTC .
It has broken the key support at 2,100, entering a new consolidation zone of 2,100 - 1,750.

▸ Stabilizing at 2,000: Short-term stop-loss, expected to test 2,000: Short-term stop-loss, expected to test 2,000: Short-term stop-loss, expected to test 2,100 resistance.

▸ Not stabilizing at 2,000: Will confirm weakness, continue to look for 2,000: Will confirm weakness, continue to look for 2,000: Will confirm weakness, continue to look for 1,750 and even $1,530 support.

A key fact: The ETH/BTC exchange rate continues to weaken, reaching new lows. This means that funds are withdrawing from this side, it does not have an independent market and follows BTC completely.

If BTC rebounds, ETH will follow, but will be weaker.
If BTC falls, ETH will fall faster.

Do you think ETH can hold 2000?👇
✅ Yes, following the rebound
🚫 No, continuing to lead the decline

$BTC Today's Key Levels 66000 Test
If it stabilizes, the downtrend will stop and a rebound will begin, with resistance at 69500 and 74500 above.
If it does not stabilize, it will continue to fall, with support at 60000 below.
Estimated Bottom: 52500

Key Details: Today's rebound from $60,000 has not seen an increase in trading volume, appearing more like short-term buying at a psychological level rather than a signal of a trend reversal. Keep a close eye on this price over the next 24 hours.

What is your judgment?👇
✅ If it stabilizes, a rebound will begin
🚫 If it does not stabilize, it will continue to fall

$BTC has effectively broken through the key level 69500, entering a wide fluctuation zone 69500～54000, the next key support level 54000

$BTC has entered a stage of large-scale panic selling, and has not yet hit the bottom

$BTC Although the market is weak, it is very close to the key level of 69500. There is a possibility that it may drop below 69500 and continue downward, but it may also spike up to form a range of fluctuations.
At this point, it is not recommended to chase short positions. Those with short positions may also consider taking profits on a portion later.

$ETH Daily level, about to break below the previously predicted consolidation range's lower boundary, bottom moving down, highly likely to head towards the 1 digit

Carving a boat to seek a sword, blindly guessing the subsequent trend $BTC

In the last bear market, $BTC took 364 days from the highest point to the lowest point, with a maximum drop of -77%. How much more can we expect from this round of bears?

Interesting phenomenon: It seems that as long as those giant whales do not stop loss and clear their positions, the market will continue to decline, especially $ETH

$BTC wants to run 6 characters
$ETH wants to run 1 character