Cryptocurrency is never a gambler's casino, but a dojo for practitioners. Hidden within the alternating red and green of candlesticks are tests of human nature—the狂欢 of a bull market easily breeds greed, the silence of a bear market best tests resolve, and the tug of a volatile market wears down patience. But every fluctuation is an opportunity for growth. Yesterday, the price rebounded to around 93,000 before a correction occurred, and the hunters were fortunate that the article emphasized resistance around 93,000. As a result, the market experienced a pullback, and it was stressed that breaking below 90,000 would mean failure. Currently, it is around 85,000. Taking Ethereum as an example, last night it fell below 3,000 and dropped to 2,788, then began to slightly recover this morning, attempting to break through 2,900 but failing, then starting to retreat.

From the 4-hour chart perspective, Bitcoin has recently shown strong bearish momentum, with the middle band of the Bollinger Bands continuously pressing down, and the rebound strength clearly weakening. From last week to this week, the overall trend has maintained a downward movement, and an ideal bottoming point has yet to appear. Since last night, the coin price has been continuously declining, and this morning it even broke through the 86,000 level. Currently, the support at 85,000 also appears fragile. The current volume increase in the bears has not yet shown signs of sustained decrease. Short-term trading suggestions are to sell on rebounds; if key resistance levels above are effectively broken, adjust strategies promptly.

Follow Gongzhong Haosheng: Always look at the trend

Trading suggestions:
Bitcoin around 87,000, target 85,000
Ethereum around 2,900, target down to 2,700
$BTC $ETH