In the waves of the cryptocurrency world, we are both explorers and practitioners. The ups and downs of the market test not luck, but mindset and wisdom—remain calm in a bull market and unflustered in a bear market; only by respecting the cycle can we stay true to our original intentions. The true winners are believers in long-termism: discovering value in restlessness, upholding logic amidst doubt, and building a moat with knowledge. Wealth does not come overnight; behind the candlestick charts lies the game of human nature and innovation, and time will ultimately reward those who cultivate deeply. Remember, in a decentralized world, integrity and cooperation are the strongest consensus. Keep learning, keep kindness; your perspective determines your height. Looking back at the evening market trends, from a 15-minute view, an M-shaped trend has formed, with prices breaking down to 117500 before quickly rebounding, capturing a low position and successfully taking profits in a thousand-point range. Currently, prices have rebounded to 118400, while Ethereum hit a peak of 3482 and then began a strong downward trend, now having dropped nearly a hundred points, currently around 3375.

After forming the M-top structure in the evening, the coin price quickly dipped to 117500 and rebounded, but the rebound high point is gradually lowering, facing pressure around 118400, with volume continuously shrinking, and the short-term moving averages have formed a death cross pointing downwards. If the rebound cannot break through the neck pressure at 118500, it is expected to test the support range of 117000-116800 again, with the MACD indicator showing a second expansion below the zero axis, and bearish momentum dominating.

Regarding ETH: After hitting the peak of 3482, it fell sharply by a hundred points, accelerating downward after breaking the key level of 3400, currently facing pressure in the 3380-3400 resistance zone. On the 4-hour level, the EMA7 has crossed below the EMA30, forming downward pressure, and the RSI has not yet shown oversold signals. If the support at 3370 is lost, the lower levels to watch are 3350 and 3300. $BTC #以太坊连续两日领涨

Bitcoin strategy: Short near 119200, target 117000.

Ethereum strategy: Short near 3440, target 3350.