Every drop is a training session, every surge is a test. There are no eternal winners in the cryptocurrency world, only players who continually evolve. Bitcoin fell from a high of 116,963 in the morning to a low of 114,364, then rebounded to 115,855 in the evening before crashing again to around 113,600; Ethereum dropped from a high of 4,386 in the morning to a low of 4,194, then fluctuated between 4,200-4,250, and in the evening rebounded to 4,339 before crashing again to a low of 4,167. During the day, Yunlu provided students with a strategy of three longs and two shorts, achieving a 5,455 point space for Bitcoin and a 365 point space for Ethereum.
From a technical perspective, Bitcoin has broken below the ascending wedge pattern on the daily chart and formed a double top pattern in the 123,000-125,000 range, suggesting a possible further drop to the 110,000-112,000 area. 115,000 has become a key psychological support level; falling below this level could accelerate the downward momentum. For Ethereum, the 4,200 level is crucial—this is a key support level overlapping with liquidity clusters and EMA support areas; if it fails, it may drop to the 3,950-3,800 demand zone. The MACD indicator is still expanding in a bear market, confirming short-term weakness.
Bitcoin suggestion: Target around 113,500-113,000 near 114,800-114,500
Ethereum suggestion: Target around 4,150-4,120 near 4,250-4,270
