1. Bitcoin Trend Status

◦ Price surged to a high of 94,778.8 before beginning a continuous decline. All indicator lines (blue, white, pink) have turned downward simultaneously, confirming a medium-term bearish trend.

◦ Recently, after the price fell to a low near 90,920, a weak rebound occurred. Although the candlestick shows a red bar, the rebound strength is limited. The pink indicator line has only slightly flattened, indicating a technical correction during the downtrend without any trend reversal signals.

2. Key Support and Resistance

◦ Support levels: First support at $90,920 (the recent low during this decline), strong support at $90,500 (the extended position of the pink indicator line). If the price breaks below $90,500, it may further decline toward the $90,000 integer level.

◦ Resistance levels: First resistance at $91,045 (red dashed line in the chart), strong resistance at $91,500 (white indicator line). Only a breakout above $91,500 can ease the short-term downward pressure; otherwise, the rebound may encounter resistance and fall back.

3. Trading Operation Tips

◦ In the short term, focus on shorting on rallies. When the price rebounds to the $91,045-$91,500 range with insufficient volume, consider short positions with a stop-loss above $91,500.

◦ If the price stabilizes above $91,045 and breaks through $91,500, try a small long position targeting $92,000, with a stop-loss below $90,920, and strictly control position size (long positions are short-term plays in a bearish trend).

1. Ethereum Trend Status

◦ After the price surged to a high of 3,308.65, a rapid decline trend began. All indicator lines (blue, white, pink) have turned downward simultaneously, confirming a clear bearish trend.

◦ Recently, after the price fell to a low near 3,120, a rebound occurred. The candlestick shows a red bar, and the pink indicator line shows signs of flattening and rising, indicating an oversold correction after the decline but not yet reversing the overall bearish pattern.

2. Key Support and Resistance

◦ Support levels: First support at $3,140 (the recent rebound starting point), strong support at $3,120 (the recent low during this decline). If it breaks below $3,120, the price may further decline toward the $3,100 level.

◦ Resistance levels: First resistance at $3,160 (red dashed line in the chart), strong resistance at $3,200 (white indicator line). Only a breakout above $3,200 can relieve short-term downward pressure; otherwise, the rebound may face resistance and fall back.

3. Trading Operation Tips

◦ In the short term, focus on shorting on rebounds. If the price rebounds to the $3,160-$3,200 range and fails to break through, consider short positions with a stop-loss above $3,200.

◦ If the price stabilizes above $3,160 and breaks through $3,200, try a small long position targeting $3,240, with a stop-loss below $3,140.