A true crypto market powerhouse is not the lucky one who bets correctly on a 100x rally once, but the perseverant who can navigate through bull and bear cycles. The bear market is the best testing ground, filtering out impulsive speculators and consolidating truly valuable projects and insights. Those who grit their teeth and endure the lows, carefully analyze losses, and continuously accumulate knowledge will eventually turn into armor to defend against risks. Over the weekend, the market experienced intense battles between bulls and bears, maintaining a small range of fluctuation; today, Bitcoin continued its decline, reaching a low of 87504 before bulls rallied with strength. The midday rally accelerated, reaching a high of 89972; Ethereum followed a similar pattern, first dipping then rising strongly, hitting a bottom at 3052 before rebounding. It faced resistance around 3150 and pulled back; short-term rebound momentum is evident.

From the current market view, the daily chart shows a pattern of three consecutive declines, with prices continuing downward toward the lower band of the Bollinger Bands. Although a doji candlestick appeared during intraday trading, indicating consolidation, it did not reverse the overall weakness, and the market remains in a downward pressure channel. On the four-hour chart, moving averages and technical indicators also show slight signs of rebound, suggesting some room for short-term correction. The 89000-89500 zone has become a key resistance area recently. If subsequent rebounds fail to break through this zone with effective volume, the moving average system will exert dynamic resistance, possibly re-energizing the bearish momentum. In the short term, close attention should be paid to the previous support around 87900; if this level is broken, further decline may be triggered, with potential targets in the 85000-86000 range.

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Trading suggestions:
Bitcoin: around 88500, target 91000

Altcoin: around 3050, target 3300

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