Yesterday, I posted many updates continuously warning that the prices are on the verge of collapse at any time. The trends of Ethereum and Bitcoin are not optimistic. Be cautious when going long, as the daily chart rebound may very well be over, and the weekly chart downtrend may restart!

Bitcoin barely holds above the middle band of the four-hour rising trend Bollinger Bands, with a significant decrease in Trading Volume. After a short-term pump, it quickly fell back. If it cannot hold above the resistance level of 91,000 points, it may continue to fall below the middle band of the Bollinger Bands. The current position is not suitable for going long, as the key support level shows weak Rebound and strong short positions, teetering on the edge of breaking.