Market fluctuations are the norm; true confidence to weather bull and bear markets comes from knowledge and composure. Don’t let short-term volatility disturb your mindset—build a margin of safety through deep understanding, patiently wait for long-term value realization, stay true to your principles, and steadily control your pace. In the end, time will reward steadfast long-termists. During the early morning session, the market showed a unilateral downward trend. After facing resistance at the 90,000 level, Bitcoin continued to pull back, dipping as low as 88,870 before stabilizing and slightly rebounding. It’s currently consolidating around 89,300. Ethereum’s retracement was relatively mild, gradually declining more than 30 points after encountering resistance at 3,055, rebounding from a low of 3,023, and now oscillating around 3,040.

On the four-hour chart, the market is in a weak, choppy downtrend, with alternating small bearish and bullish candles and persistently weak rebound momentum. The price is clearly suppressed by the moving average system above. The market is currently in a low-level consolidation phase following a bearish release, and trading volume is gradually shrinking, indicating that the market is slowly digesting the momentum from the previous sharp decline. As long as the lower support is not effectively breached, there is no risk of accelerated decline on higher timeframes. On the hourly chart, the trend rhythm is relatively clear; after multiple retests of the lows, there has been some capital support, and short-term signs of stabilization have appeared. However, the rebound continues to be suppressed by the middle band, suggesting selling pressure above remains. Overall, as long as previous lows are not broken in this weak consolidation structure, the market could see a corrective rebound at any time.

Follow the official account: Changsheng Trend Analysis

Trading recommendations:
BTC: Short around 90,000, target 87,000

ETH: Short around 3,100, target 2,800

$BTC $ETH