The weekly level Bitcoin has declined to the 95000 line, currently the market is fluctuating and rebounding, overall strength is not significant. The weekly pressure level is at the 97000-98000 line. If it continues to decline, the 90000 level may not be maintained; conversely, 100000 may still come. The downward trend of Ethereum is quite strong, having dropped a thousand points in a week, and is currently fluctuating and rebounding. The weekly pressure level is at the 3450 line, and if it continues to decline, the first target is the 3000 line;

On the daily level, Bitcoin continues to decline with consecutive red candles. The previously mentioned battleground for bulls and bears at the 96000 line has now been broken. According to the top and bottom conversion rule, 96000 can now turn into a pressure level, with support below at the 92000-90000 line. Ethereum follows similarly; the previously mentioned battleground at the 3350 line has also been broken, which can now turn into a pressure level, with support below at the 3200-3000 line;

On the 4-hour level, Bitcoin currently has pressure above at 96000-97000, with support below at 95000-94000. For Ethereum, pressure above is at 3350-3380, with support below at 3250-3220. Overall, the market is not showing significant strength in the oversold rebound. Moving forward, we can expect a breakthrough after horizontal consolidation, and further downward movement is anticipated. The strategy can focus on short positions, with some long positions as backup.