Investing is a game of self-competition. Endure the impatience during volatility, withstand the ups and downs of the market, preserve value amidst noise, and stay steady before temptations. Time will ultimately reward those who persevere with the most abundant returns. May you have the courage to weather storms and the patience to wait for blossoms in the crypto world. Ultimately, in the cycle of rebirth, you will harvest both wealth and growth.

This week, the market opened with a strong bullish push, with enthusiasm continuously released, driving the price ratio from around 89,000 rapidly upward, reaching the 94,555 range. However, the market changed rapidly; after high-level resistance, it quickly transitioned into a range-bound oscillation.

Currently, the Bitcoin daily chart shows a clear weak pattern, with continuous bearish candles and a downward trend. The price has been falling from previous highs and has broken below key support levels, with bearish momentum still releasing. In the short term, there are no signs of the decline stopping; it is likely to further test support zones downward. Overall, the market remains dominated by bears, with a significant imbalance between bulls and bears. The core pattern of "rebound encountering resistance and then probing for a bottom" has not changed, and the downward trend is clear.

In terms of operation, it is recommended to follow the trend and mainly adopt short positions.

Follow Gong Zhonghao: Always Win, Observe the Trend

Trading suggestions:
Bitcoin: Around 89,000, target 87,000

Ethereum: Around 3,150, target 2,800

$BTC $ETH