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"Every crash is a lesson, every missed opportunity is a cultivation."
— The market is the best teacher; it teaches you not only technical skills but also human nature: greed, fear, patience, and faith.
Looking back at yesterday's market, Bitcoin intraday surged to test the key resistance level at 90,368 points, then the selling volume nearly exhausted itself, triggering a technical pullback, with a low dip to around 86,750 points; Ethereum, following Bitcoin, also surged intraday to around 3,056 points, reaching a phased resistance point, then as market selling pressure emerged, it pulled back, with a low dip to around 2,908 points.
From the current market situation, the four-hour chart shows a three consecutive bearish candles trend, with the market starting to decline after touching the midline. We can initially use the lower band as support to position long positions. Currently, the market is still in a volatile downtrend, so subsequent strategies should mainly focus on shorting rebounds. On the one-hour chart, after a price pullback, there was no sustained strong rebound momentum. The key support zone has not yet been effectively tested and confirmed, so there is still room for further decline and the need to verify the support levels' validity. In terms of operations, first position for shorting after a rebound, then after testing the lower support, consider long positions.
Short around 87,500-88,000 for Bitcoin, targeting 86,000; Ethereum short around 2,950-2,980, targeting 2,850.