Late-night review, Bitcoin/Ethereum short-term presents a "broad fluctuation after a sharp drop" pattern.
After a sharp drop, the price fluctuates widely, which is a result of intense competition between bulls and bears. Some are bottom-fishing and pushing prices up, while others sell at rebounds, leading to repeated price pulls.
This kind of fluctuation can sometimes be a precursor to a reversal! If the subsequent fluctuation exceeds the previous high and low points, the probability of an upward movement increases.
Bitcoin 117000–116500 range Target 118500