In the turbulent sea of coins, the path of contracts begins with self-cultivation. Stop loss should be as natural as breathing; enter the battlefield without armor at your own risk. Light positions are like practice; only by preserving the green mountains can one endure for the long term. Market opportunities are like buses; if you miss one, there’s always another—better to miss than to make a mistake. Don’t let profits cloud your judgment, and don’t lose your reason due to losses. Remember: your enemy is never the market, but your own heart. A calm heart leads to a clear market, while a restless heart leads to chaos. Strictly adhere to discipline to maintain your core in a market interwoven with greed and fear, moving forward steadily. Looking back at the early morning market, BTC suddenly plunged at 3:30 AM, and the market came as expected with a deep pullback. BTC dropped 4500 points from a high of 114900, while Ether quickly reversed and plunged to 4615 after a false breakout at the previous high of 4957, with the current rebound strength weak, only reaching around 4640. This pattern of rising and falling clearly exposes signs of waning bullish momentum.

The key support level has been significantly breached, with the BTC 114,000 level turning into a strong resistance level, and Ether forming a clear bearish pattern of false breakouts. The 4-hour chart shows weak characteristics of a volume increase during the fall followed by a volume decrease during the rebound. The MACD indicator has formed a death cross at a high level and continues to decline with increasing volume, indicating that bearish momentum is accelerating.

The market is expected to continue to decline after a rebound correction. It is recommended to gradually set up short positions in batches when the price rebounds to the range of 113500-114000, targeting the area of 109800-108500. For Ether, continue to short around 4700, with the target looking towards the range of 4550-4450. Remember to set stop losses strictly to avoid being misled by technical rebounds. #鲍威尔鸽派发言# #ETH创历史新高#