$ETH The market shows no mercy to the weak, and the candlestick chart won't change for tears. There's no buffer period when a contract is liquidated, and emotional investors are the first to be ripped apart. False reassurance is a chronic poison. The afternoon market remained relatively flat, with Bitcoin fluctuating slightly between 118,000 and 119,500. Ethereum is bullish, and after an afternoon pullback to around 4250, it began a rebound and is currently trading near 4310.

The daily chart shows a wide range of fluctuations between the upper and lower Bollinger Bands, currently trading near the upper band. While there is some resistance, it hasn't fallen below the bottom of the previous day's long bullish candlestick. The downward momentum has weakened, maintaining a relatively strong and volatile pattern, still a correction within a bullish trend. On the four-hour chart, after a large bearish candlestick broke through the lower band, the bulls rebounded, and the price returned above the lower band. Although bearish downside potential briefly opened up, it failed to break yesterday's low, and the overall market remained range-bound. Overall strategy: Maintain a buy-on-low approach on pullbacks in the afternoon, monitoring key support levels for signs of stabilization.

Bitcoin is bullish around 118,000-118,500, with a target of 120,000. Ethereum is bullish around 4,250, with a target of 4,400.