Bitcoin currently shows no signs of stopping the decline on both the weekly and daily charts. The smaller time frames are supported by the lower boundary at 93700, resulting in a rebound. The mid-range resistance is at around 96700, which is currently under pressure. We are now in a consolidation phase around 95200, consistent with the morning view. The resistance levels to consider for short positions are 96700, 97700, and another 97700. On the downside, the support levels to watch are 93700, 92200, and 90200.

Ethereum saw a rebound this morning with two large bullish candles on the 4-hour chart; it is currently also facing pressure at the mid-range resistance. The Bollinger Bands on the hourly chart are narrowing, with both the upper and mid bands turning downward. For trading opportunities, consider short positions around 3400, 3450, and 3520, while support levels to watch are 3220, 3190, and 3100.

The market is experiencing significant and rapid fluctuations, so it is crucial to participate with light positions. When reaching resistance levels, consider light short positions in batches, and when hitting support levels, think about entering long positions. In the short term, be strict with stop-losses; do not hold losing positions, do not over-leverage, and do not gamble. #比特币市场波动观察 $BTC