Good afternoon everyone. Recently, the real market has been quite busy. Here, during my leisure time, I will analyze the market rhythm and future trends with you. If you are still aimlessly wandering in this circle and cannot find direction, it may be time to try to change things up. Old Li has always been here, and perhaps one choice of yours could change your current situation.

From the current perspective, Bitcoin's daily chart has shown a series of consecutive downward candles. After reaching the level of 124,545, it faced resistance and pulled back. Ethereum's daily chart has shown a similar pattern, breaking a new high at the level of 4,794 before experiencing a series of downward movements, temporarily slowing the upward momentum and starting a deep correction. Currently, Bitcoin is fluctuating around the 115,000 mark, while Ethereum is fluctuating above the 4,200 mark. The first support level for Bitcoin's daily chart is at the 114,000 mark; if breached, it will deepen the correction, extending towards the previous low near the 112,000 mark. For Ethereum, we are directly looking at the gains and losses at the 4,200 mark, which is also near the previous daily stair-step rising point, making the support from the top and bottom very strong. I have emphasized to everyone that the current trend is still in a major bull phase. The previous bull market pushed Bitcoin to break the 120,000 mark, while Ethereum nearly reached a historical high of 4,800. Recently, the correction has replaced the pullback, deepening the downward momentum. Our bullish outlook remains unchanged, with a strong defense of the support levels below. Once we hit those levels, we will decide the direction again. The volatility is significant, so we need to grasp the market rhythm well, as both long and short positions have a lot of room. The real market examination focuses more on the entry points. This morning, we saw a pullback, and in the afternoon and evening, we are looking for a rebound in the price ratio. We can enter long positions at lower levels.

Bitcoin can be bought between 114,800-114,300, targeting around 116,800; Ethereum can be bought between 4,230-4,200, targeting around 4,350. #加密市场回调 $BTC $ETH