$ETH Others are on vacation for entertainment, experts are quietly laying out plans, opportunities are always reserved for those who are prepared, patient, and disciplined, sticking to the right rhythm, profits will naturally arrive as scheduled.

Last night, there was a brief upward fluctuation, with a quick surge to the intraday high of $79,145, then a rapid decline, followed by a continuous weakening trend, breaking below key support levels, retracing most of the gains, currently oscillating around 78,190.

On the four-hour chart, Bitcoin's price has been pressured and pulled back from the previous high near 79,455, forming a resistance signal after touching the upper Bollinger Band, then quickly falling back. The current price has broken below the middle Bollinger Band (around 77,391), and the Bollinger Bands are showing signs of flattening and turning downward. The upper band pressure continues to decrease, and the middle band has shifted from support to resistance. The overall channel shows a downward trend. Meanwhile, recent volume has increased during the rally phase and decreased during the pullback, indicating insufficient bullish momentum, weak rebound strength, and difficulty breaking through the upper moving averages in the short term. The bearish force is gradually gaining dominance. If it cannot re-establish above the middle Bollinger Band later, a continued downward movement is likely, testing the lower Bollinger Band support.
Morning trading suggestions:
Short around 78,600 near Bitcoin, target 77,000
Short around 2,330 near Ethereum, target 2,279