Bitcoin and Ethereum's recent sharp decline indeed caught everyone off guard.

If we follow the bullish logic, Bitcoin's 78,300 is the strongest support, and 77,800 is the extreme pinning level.
However, I personally think the chance of hitting that level is very small.
At this moment, the 6-hour structure RSI of Bitcoin shows a very obvious bullish divergence, the last time this 6-hour bullish divergence appeared was on April 30th, when Bitcoin continuously rebounded and surged from 74,868 all the way to 82,828.
Since it has been over a month, it has reappeared, so the magnitude this time probably won't be small either, with an extreme limit around 83,800.
Correspondingly, Ethereum's price might be around 2,450.
Of course, during the process, it’s impossible to buy at ideal levels; since this position is already trapped, the main focus should be on recovering losses.
And if there was a partial re-entry, then profit-taking and reducing positions after making a profit are necessary.
So, moving forward, I will follow the market in real-time and adjust my strategy and approach accordingly.
$BTC ‌$ETH ‌
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