Bear markets don't wear down your wallet, they wear down your mindset. If you can stay calm through consecutive red days and stick to your strategy in desperate market conditions, you've already beaten 90% of the trend-chasing retail investors. The cycle won't disappoint every rational holder who perseveres; following the trend remains king. Bitcoin hasn't shown much rebound overnight and faces pressure at the 69,000 rebound high. The early morning low was refreshed again, with the lowest dip reaching 67,300. Ethereum similarly continues to decline with little resistance from the bulls, currently hitting lows around 2024, with new short-term lows also being refreshed.



In new market conditions, it's usually a continuation pattern—just follow the trend. The daily chart closed a cross-shaped bearish candle this morning, broke through the bottom again, and short-term continuation is expected. On the 4-hour chart, there's a continuous weak downtrend forming a three-consecutive-candle bearish pattern. Whether the short-term shows oscillation or weak unidirectional movement still depends on the pressure around the midline. If the rebound meets resistance at the secondary pressure point of 69,000, it will continue downward. As long as the pressure holds, short-term will continue pulling back to test the bottom. Monday's operations should mainly follow the bearish trend.

Bitcoin: 68,500-69,000 can go short directly, targets watch 66,500-66,000.
Ethereum: 2,055-2,080 can go short directly, targets watch 1,950-1,900.
#PI #BTC #ETH
BTC-0.73%
ETH-2.37%
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