Recently, both Bitcoin and Ethereum have shown some interesting movements. Let's analyze them.

**Bitcoin Situation**

The price surged to 94778.8 and then entered a continuous decline mode. All indicator lines have turned downward simultaneously, establishing a medium-term bearish pattern. Although there was a rebound around 90920, with some red bars visible on the candlesticks, the rebound strength is clearly insufficient, and the indicator lines are mostly leveling off—this is typical technical correction during a downtrend, and a trend reversal has not yet occurred.

Regarding support levels, the first is 90920 (the lowest point of this decline), with a strong support at 90500 (the extension of the indicator pink line). If 90500 is broken, attention should be paid to the 90000 integer level.

On the resistance side, the short-term first resistance is 91045, with a stronger resistance at 91500 (the position of the white indicator line). Only a breakout above 91500 can truly ease the downward pressure; otherwise, the rebound may still get stuck.

From a trading perspective, the short-term strategy is to short on rallies. If the price rebounds to the 91045-91500 range and volume is average, consider short positions with a stop loss above 91500. If the price can hold above 91045 and break through 91500, a small long position can be tried with a target of 92000 and a stop loss below 90920—remember, trading longs in a bearish trend is only a short-term game, and position sizes must be strictly controlled.

**Ethereum's Movement**

A similar scenario is unfolding with Ethereum. After surging from 3308.65, it quickly started to fall back. All indicator lines have turned downward, clearly indicating a bearish pattern. Currently, it has rebounded around 3120, with some red bars on the candlesticks and signs of leveling and rising on the pink indicator line, but this is just technical correction after an oversold condition; the overall bearish pattern remains unchanged.

The first support level is 3140 (the recent rebound starting point), with a strong support at 3120 (the low of this decline). If 3120 is broken, further decline toward 3100 is possible.

The first resistance level is 3160, with a stronger resistance at 3200 (the position of the white indicator line). Whether the pressure can be relieved depends on whether it can break through 3200.

Trading advice: the short-term approach is to short on rebounds. When the price rebounds to the 3160-3200 range but fails to break through, consider short positions with a stop loss above 3200. Conversely, if the price stabilizes above 3160 and breaks through 3200, a small long position can be taken with a target of 3240 and a stop loss below 3140.

Overall, both assets are currently in a bearish dominant phase. Rebounds are just corrections within a downtrend, so trading should follow the trend.