$BTC $ETH
The fourth decline has occurred, Bitcoin has returned to 92,000, and Ethereum's support is still at 3,300. A rebound will happen, but a second test on a smaller scale still needs to be completed. The opportunity to enter the market is during the second test. If 92,000 breaks or not, as long as it closes at 92, it will rise to 95. As long as Ethereum closes at 3,300, it will go to 3,500. So, if you didn't enter at the recent low, wait for the second test. Don't chase the highs!
Based on the current positioning, the possibility of a sharp drop or surge is not very high. Because the monthly, quarterly, and yearly lines are about to close.
Another key point is that as long as the quarterly line does not break below one-third of the bullish line, the market condition is still not bad. I don't know if anyone knows this theory. If not, I've shared it today. One-half is called a balanced force, and one-third belongs to a strong bullish trend.