#比特币波动性 Let's talk about the trends of $BTC and $ETH next week:

The weekly chart of Bitcoin has already broken the upward trend line, and recently we have seen large bearish candles one after another. The levels of 88000 and 85000 have not been held. According to my observation, the next decent support will be around 75000 – this is also the short target price I have been focusing on lately. Friends who want to catch the bottom may consider positioning themselves near this major support level for a chance at a rebound.

Currently, whether looking at the long-term or short-term cycles, the bears are in absolute control, and we can't even see a decent rebound. I estimate that the weekend will still be sideways and volatile; we can wait until the direction is clear before deciding to go long or short.

In the face of this downward trend, we must respect market rules. Never stubbornly hold onto positions; if the direction is judged wrong, decisively cut losses. This is the hard truth for surviving long in the market.

The market continues to be weak, and I personally lean towards a subsequent fluctuation down to the area of 75,000-74,000. In terms of operation, I suggest maintaining a light position, primarily with small amounts for testing, and avoid heavy bets on direction; controlling risk is the key.

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