Principal is the qualification to stay at the table; stop-loss is the fallback given to leave an opportunity; while continuous learning and long-termism are the confidence to navigate through bull and bear markets. Those who endure the darkness will eventually encounter their moment of brilliance in the next cycle. On Thursday, Bitcoin's intraday trend still shows a pattern of oscillation followed by decline. After a slight rebound to around 91,666 in the morning, it faced resistance and fell back, continuing downward to around 89,242 in the evening before halting and rebounding. Ethereum's intraday trend also follows Bitcoin's pattern, reaching a high of 3,183 in the morning before declining under pressure, and bottoming out at around 3,052 in the evening before rebounding.

Although the current market appears to be oscillating at low levels with restrained rebounds, positive factors are emerging: a three-day consecutive decline on the four-hour chart followed by a stabilization and rebound suggest that the bearish momentum is waning; a large bullish breakout above the middle band of the Bollinger Bands on the one-hour chart, followed by consolidation, indicates a healthy process of digesting selling pressure and strengthening support. The overall downward shift of the Bollinger Bands highlights that prices have entered a deep value zone, and the market is quietly accumulating reversal energy through repeated bottoming. Every seemingly "powerless" rebound is evidence of the gradual gathering of bullish strength. Light liquidity during midnight often amplifies volatility but also provides a window to observe bottom resilience—true trend reversals often begin when everyone is hesitant. At this point, more attention should be paid to repeated stable signals at key support levels, patiently waiting for the market to complete the transition from quantitative to qualitative change.

Trading suggestions:
Bitcoin: around 89,800, target 94,000
Ethereum: around 3,050, target 3,300
$BTC $ETH