#BTC #ETH $BTC $ETH The bears are making a strong comeback, and the market is experiencing significant changes. Yesterday, the price of Bitcoin plummeted dramatically, with a drop of nearly 6000 points that left many astonished; Ethereum was not spared either, plummeting 250 points. This round of decline is the largest since the beginning of the week, breaking the previous consolidation pattern. Prior to this, the trend had shown a downward oscillation, and sure enough, the bears struck strongly yesterday. Fortunately, we accurately grasped the trend and became part of the bearish camp, with our target price perfectly validated and successfully reached!

From the four-hour perspective, the current price has fallen below the lower boundary, completely deviating from its original trajectory. Looking at the accompanying indicators, bearish energy continues to expand, and various signs indicate that this wave of bearish market may continue its downward trend. Therefore, when this wave of decline shows a rebound, it may be worth considering to continue entering the market for short positions.

On the daily level, the candlesticks have dropped sharply from their new highs, with all the bearish candles being large and engulfing, showcasing the bears' strong pressure, reminiscent of dark clouds blocking the sun. It was previously mentioned that the rebound high points were gradually decreasing, and a pullback was just a matter of time, which has now been validated. Considering various factors, it is highly likely that the future market will continue to decline, looking towards lower price points.

Short-term operations:

Bitcoin fluctuates around 1024-1030, with a target looking down at 1010-1015.

Ethereum fluctuates around 2460-2500, with a target looking down at 2350-2390.