Market trends never move in a straight line with only upward gains; a pullback after a rally is not the end of the trend, but a normal shakeout and consolidation during an upward move.

There's no need to panic or lose confidence because of a single correction; control your positions, set proper stop-losses, and adhere to trading discipline.
After the shakeout, the true direction will still arrive as scheduled.
Today, Bitcoin led the surge in the morning, reaching a high of 81,708, moving along the upper band of the Bollinger Bands.
The bulls have short-term dominance, but after a late-morning rally, the bullish momentum quickly exhausted, and prices started a continuous decline.
They broke through short-term moving average supports one after another, and after a brief rebound around 80,260, prices declined slightly to recover.
Ethereum's movement closely followed Bitcoin's rise and fall, and after hitting a new intra-day high with Bitcoin, it faced a collective profit-taking sell-off across the market.
The spot market's decline today was slightly larger than BTC's, showing a weak joint pattern of Bitcoin supporting the market while Ethereum experienced elastic declines.

Today’s overall rhythm: during the day, bulls surged in celebration; in the evening, profit-taking caused a sharp drop.
Rallying to the high, then falling back, weakening volume, and capital fleeing are the main themes of today’s market.
Bitcoin's key support is at 80k, with strong support at 79,700;
Short-term resistance is at 81,300, with strong resistance at 82,700, and Ethereum's corresponding levels follow the linked prices.
Strong defense levels are around Bitcoin’s 80,000 mark;
Rebound resistance levels continue to shift downward.
Currently, all four-hour indicators are weakening in resonance, and in the short term, the market is likely to enter a sideways, slightly weak, double-bottom rhythm.
Do not blindly chase longs until the price re-establishes above the Bollinger middle band at 81,500 and recovers the lost ground; only then will the market return to a bullish dominant zone.
Bitcoin: 80,000 Target: 82,000
Ethereum: 2,280 Target: 2,420