The prolonged bear market decline is never a dead end but a touchstone for shedding light on quality projects and cooling restless minds. Those seemingly painful periods of dormancy are actually golden opportunities for low-cost sowing, just as pressure can forge diamonds, and market volatility is refining your resilience. This morning, Bitcoin's price retraced from a high of 93,825 to a low of 92,200, then entered a small-range oscillation. Ethereum's trend closely followed, rebounding to a high of 3,301 in the early hours, then retreating to a low of 3,238, subsequently following Bitcoin into a consolidation phase.

On the four-hour chart, the market relies on the middle band of the Bollinger Bands, showing alternating bullish and bearish oscillations. After the price was blocked from rebounding, it faced renewed downward pressure, accurately testing the middle band support during the decline. From the candlestick patterns, the long lower shadows repeatedly appear below the bearish candles' bodies, indicating that the bearish momentum is weakening. The support zones below have been tested multiple times and held effectively, maintaining a generally strong overall cycle. Switching to the one-hour chart, after three consecutive small bearish corrections, the market quickly rebounded with two bullish candles, now entering a short-term consolidation zone. Regarding technical indicators, although the MACD lines are below the zero axis, the volume has not significantly increased; meanwhile, the three lines of the KDJ indicator have turned upward and are gradually entering a convergence zone. This combination of signals suggests an increasing probability of a rebound and recovery in the near future. Based on multi-timeframe technical analysis, the evening trading strategy should mainly focus on long positions at key support levels, capturing trend continuation opportunities.

Trading suggestions:
Bitcoin: Around 91,000, consider buying, target 96,000
Ethereum: Around 3,150, consider buying, target 3,500