When prices are rising, don't blindly go crazy; when prices are falling, don't self-destruct. Stay patient, endure loneliness, only trade what you understand, earn within your knowledge, time will reward every calm, trend-following, principled trader.


Today's overall intraday trend: in the morning, from 77,858, it oscillated upward to reach 79,455, then in the afternoon, a large volume of bearish candles caused a cliff-like drop back to 77,408.
Ethereum early in the day rose from 2,339 to 2,403, then quickly followed Bitcoin in a sharp decline.
From the 4-hour chart, the price directly hit the upper Bollinger Band resistance zone, touching the high point and facing severe resistance, forming a standard top pattern, with bulls rushing to take profits and escape.
The KDJ indicator at a high overbought level shows a death cross turning downward, fully opening the downside space;
MACD DIF crossing below DEA forms a death cross, green bars continue to expand, and bearish momentum keeps releasing.
After a surge, a huge bearish candle directly breaks through the middle Bollinger Band, turning what was strong support into a strong resistance level, making subsequent rebounds unlikely to have much strength.
Bitcoin: 78,300 bearish, target: 76,500
Ethereum: 2,350 bearish, target: 2,200
BTC-1,57%
ETH-3,14%
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