In the wave of ups and downs in the crypto circle, there's no need to panic over short-term fluctuations, nor should you mistake speculative cravings for faith. The bull and bear cycles are normal; winter is never the end but a test of value and original intention—truly high-quality assets always emerge from the accumulation in bear markets. In the wave of ups and downs in the crypto circle, there's no need to panic over short-term fluctuations, nor should you mistake speculative cravings for faith. The bull and bear cycles are normal; winter is never the end but a test of value and original intention—truly high-quality assets always emerge from the accumulation in bear markets. Looking back at the early morning, Bitcoin retraced from around 88012 to 87015, then oscillated and consolidated in this range, with the target price returning to around 87700. Ethereum retraced from around 2962 to 2910, then rebounded again to consolidate near 2956.

From the four-hour perspective, the price is gradually moving upward along the downward channel, currently approaching the middle band of the channel. The Bollinger Bands are overall trending downward, indicating that the long-term trend remains bearish, but the price approaching the middle band has already released a bullish momentum signal. Meanwhile, the MACD double lines are still below the zero axis, but the bearish momentum has not continued to strengthen, showing that the downward momentum is gradually weakening. The hourly level has shown obvious signs of strengthening: both KDJ and RSI are in high regions, and the MACD fast line has already crossed above the zero axis, entering a strong zone. These short-term indicators all suggest that the current upward momentum is sufficient, and the price is likely to continue its upward trend in the short term, possibly further testing the middle or even the upper band of the channel. The current trend can be seen as a relatively strong technical correction within a bearish trend, with a focus on the price's performance near the middle band of the channel. If the short-term indicators remain strong, the price is expected to continue testing upward.

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Trading suggestions:
Bitcoin: Around 87000, target 90000

Ethereum: Around 2900, target 3200