The harsh winter of the market is precisely the filter that sifts through restlessness. Those seemingly cold descents and powerless fluctuations are actually teaching us to learn to coexist with 'uncertainty', to cultivate patience in the silence of the market's downturn, and to maintain rationality under the pressure of trends. Just as there must be a retreat before the tide rises, the end of a decline is not necessarily an abyss, but an opportunity for the restless to exit and for the clear-minded to consolidate. On the road to capital, true growth is never about chasing after bullish trends, but about still being able to see the faint light of cyclical rotation amidst the desolation of bearish trends—after all, the eyes that can endure the winter of the market understand best the preciousness of dawn breaking through the sunlight.

In the 1-hour chart of Bitcoin, the middle band of the Bollinger Bands continues to decline, forming strong resistance, with the price temporarily stuck below the middle band. The previous rebound struggled to even touch the middle band, highlighting the weakness of the market. The large bearish candle has established the market's tone, and the subsequent candle bodies are narrow and weak, only able to maintain a 'weak horizontal consolidation' at low levels. There is volume during the decline, but the rebound shows a decrease in volume, underscoring the market's weak support. The lower band of the Bollinger Bands provided temporary support, and there are signs of contraction in the band, indicating that the price may break through the middle band to higher levels in the short term, thus a rebound can be considered. Specific analysis should follow based on actual market conditions, particularly observing the situation of breaking above the middle band. In this market condition, it's essential to manage your risk well!

Suggestions:

Consider a rebound near Bitcoin 119500, target around 118000,

Consider a rebound near Ethereum 4680, target around 4550 near $BTC #美国7月PPI年率高于预期 $ETH