Occasionally turning off the tracking software, you will find: the red and green of the candlestick chart cannot compare to the scenery outside the window; the numbers in the account are not as heavy as the hot tea on the table. Heidegger said, 'Man dwells poetically on the earth.' No matter how lively the cryptocurrency world is, it is just a part of 'dwelling.' You can practice in the candlestick chart, but don't mistake the field of practice for the whole world. #BTC #ETH
From the current 1-hour level chart, the cryptocurrency price experienced a slow rise and failed to test the 117000 resistance level, currently oscillating around 116000. This pattern clearly indicates: the selling pressure above has not been fully digested, and the support below is relatively solid, with bulls and bears temporarily caught in a balanced game. At this point, it is most unwise to operate blindly and aggressively; whether chasing prices or cutting losses, it is easy to fall into the trap of short-term market corrections. Observing from the 4-hour cycle, although there has been a slight rebound after the previous decline, the price has never effectively broken through the key resistance level of 117000; however, the previously emphasized short-term support level has been successfully reclaimed. This signal not only confirms the rationality of the current corrective market but also clarifies the direction for subsequent operations—there is no need to be overly entangled in short-term oscillations, and one can lay out strategies around the key resistance level above, which will be a more prudent approach.
Operation Suggestions
Bitcoin, can be arranged around 116600—117000, with the initial target looking at 115000.
Ethereum, can be arranged around 4340, with the target focusing on 4220.