Yesterday was also a day of great attention, starting with a strong rebound in the morning and then a midday range fluctuation, finally beginning to pump in the evening. BTC and Ether's movements were very similar, both starting to pump after the US stock market opened last night, regaining the 3600 position. After experiencing significant fluctuations the previous day, the price rebound of both yesterday eased the market considerably. Overall, yesterday's trend showed a pump, and trading was cautious; BTC only gained nearly 1000 points in profit, while Ether also earned nearly 90 points in benefits. Value investing, long-term holding, short-term fluctuations should not be a concern.



In the short term, price fluctuations have become more intense and rapid, with prices frequently setting new lows in a short period, each time frame resembling a small diving board. The high frequency of declines underscores the strength of the bearish sentiment. The short-term trend of Ether is even more pronounced, with consecutive drops starting from today, each decline being clean and decisive, without any hesitation, as if completely enveloped by bearish sentiment. The hourly chart of BTC truly showcases the classic scene of a tug-of-war between bulls and bears, with both sides fighting fiercely without holding back, fully committed to the next time period, showing no signs of slackening. The hourly chart of Ether shows a rebound trend, but whether it can continue and maintain the bullish strength like before remains to be seen, as the bears seem to be gathering strength for the next round of competition.

BTC is short in the range of 115600-116100, watching around 114600. Ether is short in the range of 3700-3730, watching around 3600. #btc#
ETH-0.06%
BTC0.81%
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