The volatility comes unexpectedly, and one must be very cautious during a one-sided trend. On Friday, the rebound to 98000 washed out 90% of the shorts below. If it breaks below 92500 today, there will be another deep wash for the retail investors who chased at 95000-97000.

This round of deep decline has no bottom; no matter how it washes out, just follow the trend direction, and there shouldn't be much problem.

Support levels are 92500, 89000, and resistance levels are 96500, 98000. It is very likely that these levels won't hold, and there is a high probability of breaking down, and once it breaks, it will go to 89000.

Ethereum is the same; the resistance at 3400 remains, and there is a short-term momentum to break 3150. If the sell-off pressure comes, it will go down to 2950.