From the 4-hour period observation, the price has started a continuous decline from the previous high point. After the bearish trend was established, the downward process has shown significant smoothness and strong momentum. Recently, after the price dipped to around 114605, there was a brief rebound, but the overall bearish atmosphere in the market has not dissipated. The major coin also did not exhibit strong rebound momentum during the previous fluctuations and is more inclined towards a phase correction in the bearish-dominated pattern, which has not fundamentally reversed the overall downward rhythm. Overall, the current price fluctuations are still within the continuation framework of the bearish trend, and the brief rebound adjustment has not changed the core trajectory of the trend operation. We still need to be vigilant about the downward pressure brought by the release of bearish forces.

The major coin is hovering around 117000-117500, targeting around 116000-115500, while Ethereum is hovering around 4400-4450, targeting around 4320-4270, $BTC $ETH #币安HODLer空投PLUME