Market fluctuations include rises and falls; after a climax, a retreat is inevitable. The exuberance of yesterday's surge contrasts with today's calm decline. The market will never always follow people's sentiments; only those who understand when to take profits and respect the trend can stand firm in the cycle of ups and downs.


Today, Bitcoin faced resistance at an intraday high of 78,648, pulling back to around 77,618 for sideways consolidation, with the entire day showing narrow-range oscillation at high levels, as the bullish momentum has completely diminished; Ethereum moved in tandem, weakening overall, following Bitcoin's high-level stagnation, with no upward strength.

The 4-hour chart shows continuous surge and pullback, unable to break through the previous high resistance, with insufficient room for extension, revealing signs of fatigue; the Bollinger Bands indicate the price staying above the middle band, but the upward space is locked by the upper band, limiting the rebound potential, and a short-term correction is fully triggered, causing the bullish trend to pause.
Bitcoin: 78,100, bearish, target: 76,000
Ethereum: 2,375, bearish, target: 2,200
BTC-0.94%
ETH-1.23%
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