Bitcoin's major support - the 2-day line, has finally closed below today. This structure that has held for a long time can no longer withstand the pressure. Ethereum has also broken down simultaneously, and the technical aspect has officially entered a new round of downtrend.
This is no longer a short-term fluctuation, but an evolution from a daily fluctuation structure into a 'weekly level adjustment'.
A major crash may still be brewing, just waiting for the main force to choose the right moment to strike. Every rebound under the current market may be a bear's accumulation after luring in more buyers.
Current strategy suggestion
Be more observant and less active, focus on light positions.
Strictly control stop losses to guard against waterfall markets.
If panic spreads + the situation escalates + the Federal Reserve continues a dovish stance with hints of hawkishness, that would be a perfect trigger chain for downward movement.
The market hasn’t fully played out yet; the real script is still ahead.
