Remember, every penny you earn is a manifestation of your cognition, and every wave you withstand is a growth in your perspective. Keep a steady mindset, respect the risks, and the dawn of the next cycle will eventually illuminate the path for those who persevere. Looking back at the early morning, Bitcoin retraced from the 92283 level to around 90900 for consolidation, while Ethereum followed Bitcoin's trend, retracing from 3145 to around 3080 for consolidation!

Currently, on the four-hour chart, the overall trend appears slightly bullish. After a volume-driven surge in the previous K-line, it is now in a high-level pullback and consolidation phase, with no technical pattern breaking the original trend. During the pullback, the lows are gradually rising, and the price remains above the middle band, indicating that bullish momentum still exists. The current movement mainly involves digesting the selling pressure above. Although there are consecutive small bearish candles on the one-hour chart, the downward momentum has significantly weakened, with increasing lower shadows on the candles, showing that market selling pressure is being absorbed. This pattern is a technical correction after an upward move, not a trend reversal signal. As long as the price does not effectively break below the previous low support area, there is still potential for a second upward attack.
Trading suggestions:
Bitcoin: around 90500, target 94000
Ethereum: around 3000, target 3300
$BTC $ETH