When the candlestick slows down on the weekend, numbers still keep jumping, and people's hearts need to settle—this is the art of 'pausing'. Some are anxious about the fluctuations of open positions, while others review the battles of the previous week, and the smart minds brew the next storm in silence. The market on Sunday is like a half-closed book: the front page shows the shadow of FOMO, and the back page hides the layout before dawn. The most dangerous thing at this moment is not the sideways price of cryptocurrencies, but the greed tamed by 7×24 hour trading. It might be wise to keep your fingers away from F5, folding the charts into the moonlight outside—true hunters know how to nurture strategies with blank spaces. Looking back at the evening market, the price comparison has been adjusted down nearly a thousand points as expected, starting from the afternoon high of 118400, the lowest point has also touched the morning's starting point near 117500. Ethereum has also pulled back with Bitcoin, beginning the downward trend from the 3580 line, and the lowest price comparison has reached near 3525. Our bearish outlook in the afternoon has been validated again. Currently, the price comparison is around 117900.
From a technical perspective, the 4-hour level shows a high point downtrend pattern, with short-term pressure forming around 118400. The MACD momentum column is shrinking and turning negative. If the 117500 support is lost, pay attention to the key range of 116800-116200 below. The current rebound volume is weak, and the hourly moving average system has formed a death cross diverging downwards. Ethereum follows Bitcoin's pullback, dipping from the high of 3580 to the support area of 3525. Currently, 3580-3600 forms a clear resistance zone, and if the 3520 support is broken with volume, the next target will be the 3480 Fibonacci 38.2% retracement level. Technical indicators show that short-term rebound momentum is insufficient, and the moving average system is in a bearish arrangement, suggesting to pay attention to the performance of the 3560-3580 resistance area.
Operation suggestion:
The current market overall presents a bearish pattern, suggesting a focus on short positions during rebounds. Bitcoin should pay attention to the resistance area of 118200-118500, while Ethereum should focus on the pressure zone of 3560-3580. Be cautious of the risk of spikes due to insufficient liquidity at night and set stop losses strictly. Key support levels: BTC 117500/116800, ETH 3520/3480.
