The ups and downs of the crypto world are unpredictable; patience and clarity are the real foundation for breaking through. There's no need to be anxious about short-term price fluctuations—opportunities are never lacking in the market, what’s lacking is the reverence to protect your principal and the discipline to resist temptation. Volatility is the norm, understanding determines your ceiling, and a long-term mindset will eventually allow time to accumulate value. Only by weathering both bull and bear markets and patiently guarding your position can you enjoy steady, lasting returns.

Looking back at the morning market, BTC made a precise pullback to the 89242 low and immediately stopped falling, now consolidating around the key 91500 level, with rebound momentum still being released! ETH also saw a bottoming and recovery, quickly stabilizing after dropping to the 3028 low, now peaking at the 3179 high, closely following BTC’s rhythm with strong correlation! The overall market has shaken off weak corrections and officially switched to an upward consolidation mode. Those who hesitated to enter—are you about to miss out on this rebound dividend again?

On the weekly chart, both Bitcoin and Ethereum closed with bullish candles, but neither has effectively broken through their key weekly resistance levels—Bitcoin near 94000, Ethereum around 3200. On the daily chart, Bitcoin maintains a steady upward pace, with the current key resistance zone at 93500-94500 still holding. After the initial test, the price pulled back to the 89000 support. It’s expected to test the upper resistance again; if it breaks through, the 100000 mark could be within reach. If not, the market may continue the previously mentioned range-bound pattern. Ethereum is moving in sync with Bitcoin, with the key resistance at 3230 yet to be broken. After testing, price also pulled back to the 3000 support and will test resistance again. A successful breakout could see a move towards 3600; otherwise, a new range may form as the market enters a consolidation phase. On the 4-hour chart, both Bitcoin and Ethereum are trending to retest previous highs after bouncing from support. If the range holds, prices may pull back from highs; if a breakout occurs, higher targets can be expected. As current prices are near the upper edge of the range, it’s advisable to prioritize short positions in upcoming trades.

Follow Gong Zhonghao: Changsheng Looks at Trends

Trading suggestions:
BTC: Short around 93000, target 90000

ETH: Short around 3200, target 2900

$BTC $ETH