The market has been in chaos these past two days, with Bitcoin and Ethereum continuously declining. After a sharp drop, there was a brief rebound, only to be pushed back down again. The core issue is the potential US government shutdown, coupled with the Federal Reserve's hawkish stance. Without easing policies, everyone is afraid of losses and rushes to sell, which directly drives prices lower.



Before going to bed last night, I already had a clear idea: the market is clearly bearish! No signs of reversal, and a strong bearish rule applies. The signals are very obvious—definitely a bearish trend! The daily chart shows a steep decline, with resistance levels above being completely suppressed. The downward momentum is very clear; there are no signs of a reversal at all. Currently, Bitcoin has reached the support level I mentioned earlier and has already broken below 75,000, while Ethereum is around 2150.

From the market perspective, the overall trend is still downward, but there may be a small short-term rebound. For Bitcoin $BTC , focus on the support at 74,200 and resistance at 78,200. For Ethereum $ETH , keep an eye on the support at 2150-2100 and resistance at 2300.

Novices should never blindly buy the dip, and experienced traders must also manage risks carefully. Price fluctuations are normal—don't panic sell, don't greedily chase highs. Maintain a steady rhythm and respond rationally to stay stable and go far.
BTC2,09%
ETH2,42%
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