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#数字资产市场动态 Continuous rise to zero, the gate opens
A rebound may not be a bottom signal, but the absence of a rebound at the bottom is the real sign.
The seemingly formed support level was directly broken through by a huge bearish candle within the day, and all gains during the session evaporated instantly. On a small time frame, retail traders are frantically chasing the rally, causing selling pressure above to rise steadily and market sentiment to run hot. Subsequently, the bears counterattack and suppress, causing the market to decline sharply.
From a larger time frame perspective, everything is within expectations. No breakthrough of new highs, and the market is repeating the old pattern of downward movement. This short-term rally is just a transitional phase, a technical correction after a continuous rebound. The bearish forces hold absolute control, and the market is experiencing a deep retracement.
Ethereum remains stuck around the 3050 level, repeatedly consolidating, with the lowest point before the session testing near 2930. Based on the current pattern, the bearish energy reserve at the bottom is still quite sufficient. The next step depends on tonight’s actual movement—continue to observe and patiently wait for opportunities below.
One sentence summary: Trading is like flowing water; stability is not stagnation but following the trend closely. When encountering obstacles, turn around, always flowing toward the deep sea. $BTC $ETH