#数字资产市场动态 Night Market Quick Check: $BTC and $ETH Trend Summary



The afternoon judgment was not mistaken; Bitcoin and Ethereum adjusted as expected. The bearish forces are becoming increasingly evident during the session, and signs of a breakdown are clear to everyone. Traders who are following the rhythm should have felt it—support levels mentioned multiple times earlier are being tested repeatedly. Currently, this downward wave is seeking deeper support levels.

Looking at the four-hour chart: data shows that BTC's downward momentum continues to expand, and tonight it reached a recent low. The downward space is gradually unfolding. The Bollinger Bands are tilting downward from top to bottom, indicating that the entire market atmosphere has been fully taken over by the bears, and the rebound momentum is quite weak. Ethereum is not doing much better; consecutive bearish candles are pushing down, with the K-line already crossing below the lower Bollinger Band and continuing downward. The bearish continuation is quite stubborn, and no clear signs of a bottoming out have appeared.

From a macro perspective, the bears still hold dominance. Every rebound appears weak, and until the trend reverses, it’s important to understand the future direction with a bearish mindset. If key support levels fail to hold, larger space could open up below. Remember to stay steady during trading, keep up with market changes, and implement proper risk management.
BTC-4,64%
ETH-7,54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
OnchainDetectivevip
· 7h ago
One after another, they keep crashing down. This pace is really quite intense.
View OriginalReply0
RektRecordervip
· 7h ago
It dropped again, is it really going to break the bottom this time?
View OriginalReply0
ImpermanentPhilosophervip
· 7h ago
Are the bears taking over? I'm wondering how low this drop can go, but this analysis seems a bit too pessimistic.
View OriginalReply0
DegenWhisperervip
· 7h ago
It dropped again and again, where the hell is my stop-loss order?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)