In the crypto world, awareness is your confidence, and patience is your weapon. Do not blindly follow the trend, and do not be swayed by emotions. Those who have achieved success in the crypto world are all those who steadfastly adhere to their judgments, enduring the long night before welcoming the dawn. Market review: The intraday trend showed a pattern of first suppression and then rise. During the morning session, the price fell back under pressure from the 111600 line, dipping to a low of 110621 support level before stabilizing. Subsequently, long positions gradually accumulated, pushing the price to show a steady oscillating upward trend, with the evening peak reaching 112924 intraday high. Ethereum, on the other hand, displayed more obvious signs of accumulation, with the price completing thorough consolidation in the 4335-4280 range before achieving a breakout rise during the evening session, reaching a high of 4384 resistance level.

Market analysis pattern and moving average resonance: The market presents a "evening star" bearish pattern, resonating with the bearish arrangement of moving averages, highlighting a trend of significant decline; Key signal reinforcement: The "death cross" signal has appeared, further consolidating the downward trend, with a low probability of trend reversal in the short term; Volume and indicators corroborate: The MACD indicator shows that bearish strength continues to dominate, while trading volume is extremely shrinking and accompanied by a divergence between volume and price, indicating a lack of upward momentum in the market, with concentrated selling pressure above; Short-term trend prediction: Affected by the aforementioned factors, the price is likely to continue its weakness in the short term, or further dip and test the lower support level.
Operation suggestion:
Bitcoin: Short near 113000, target at 110000
ETH: Short near 4380, target at 4250.

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