Bitcoin’s overall trend is characterized by choppy downward movement. Since the early hours of today, a retreat began after the 81,268 area peak. During the oscillating pullback, price gradually broke below short-term support and dipped to the 77,831 low zone. The current quote is running around 78,759.
Ethereum’s走势 is highly correlated with Bitcoin. It also started falling from the 2,527 high point, then pulled back to the 2,445 low area, showing a steady “follow-through” decline throughout, highlighting the strong linkage across the market.
On the daily timeframe, the downward channel continues to expand in an orderly fashion. After a short-term spike to lure buyers and complete sufficient distribution to form a top, the market has successfully switched to a steady rhythm of range-bound-to-downward movement. Bearish momentum is released gradually, driving the moving-average system to form a synchronized, downward resonance. This pattern indicates that the market trend has clearly returned to being bear-led, and the downtrend has strong persistence and structural stability. On the four-hour timeframe, the weak bearish tone continues. Price consistently tracks along the lower boundary of the channel as it probes lower, showing technical characteristics of one-way weak downside, further strengthening the foundation for the daily timeframe bearish trend.
Currently, the market’s rhythm shows that bearish strength is still accumulating. Any short-term rebound is not a trend-reversal signal, but a typical corrective “bounce to lure” move, mainly intended to build energy for further downside. From the volume-price structure, during the rebound phase, trading volume keeps shrinking and buy-side follow-through is insufficient. The bear-dominated market structure has not changed in essence, so this morning’s trading strategy still focuses on setting up sell orders on rebounds.
Specific trading suggestions: Watch how price reacts under pressure in the 79,000–79,500 zone, as well as at 80,800 and 82,500. If the levels hold under pressure without breaking, you may attempt shorting (high risk, follow plan). Look down toward 78,300, 77,800, 77,300, 76,500, 74,800, and 73,300. If lower support stabilizes, you can watch for a breakout near the open position area of the short orders above. Only after a strong breakout would you switch to the idea of going long (low-risk, follow the breakout).
Ethereum’s走势 is highly correlated with Bitcoin. It also started falling from the 2,527 high point, then pulled back to the 2,445 low area, showing a steady “follow-through” decline throughout, highlighting the strong linkage across the market.
On the daily timeframe, the downward channel continues to expand in an orderly fashion. After a short-term spike to lure buyers and complete sufficient distribution to form a top, the market has successfully switched to a steady rhythm of range-bound-to-downward movement. Bearish momentum is released gradually, driving the moving-average system to form a synchronized, downward resonance. This pattern indicates that the market trend has clearly returned to being bear-led, and the downtrend has strong persistence and structural stability. On the four-hour timeframe, the weak bearish tone continues. Price consistently tracks along the lower boundary of the channel as it probes lower, showing technical characteristics of one-way weak downside, further strengthening the foundation for the daily timeframe bearish trend.
Currently, the market’s rhythm shows that bearish strength is still accumulating. Any short-term rebound is not a trend-reversal signal, but a typical corrective “bounce to lure” move, mainly intended to build energy for further downside. From the volume-price structure, during the rebound phase, trading volume keeps shrinking and buy-side follow-through is insufficient. The bear-dominated market structure has not changed in essence, so this morning’s trading strategy still focuses on setting up sell orders on rebounds.
Specific trading suggestions: Watch how price reacts under pressure in the 79,000–79,500 zone, as well as at 80,800 and 82,500. If the levels hold under pressure without breaking, you may attempt shorting (high risk, follow plan). Look down toward 78,300, 77,800, 77,300, 76,500, 74,800, and 73,300. If lower support stabilizes, you can watch for a breakout near the open position area of the short orders above. Only after a strong breakout would you switch to the idea of going long (low-risk, follow the breakout).
