#数字资产行情上升 The cycle of the crypto world is like a pendulum, swinging back and forth. Some face heavy pressure at high levels, while others are accumulating strength at low levels; some are scared out by volatility, while others wait patiently for a turnaround. The key is not when to enter the market, but whether you can maintain your rhythm amid fluctuations—staying clear-headed during euphoria and holding firm during panic.

Wednesday’s market action was indeed quite interesting. Bitcoin gradually retreated from the morning high of 93825, only stabilizing after touching the evening low of 90987. Ethereum also didn’t escape unscathed, falling from 3301 to 3142 along with the broader market.

From a technical perspective, the four-hour chart shows a stair-step downward trend, with the price already back above the lower Bollinger Band. The three Bollinger lines are evolving into a parallel open shape. This position is quite intriguing—selling volume is clearly waning, and although there are attempts to test the lower band support, judging by the trading volume, bears are unlikely to break through the support convincingly. The probability of a rebound is increasing.

The one-hour chart also reveals clues. Three consecutive bearish candles, with the price hugging the lower Bollinger Band. Although there were attempts to break below the band, the price didn’t hold steady underneath. Combining past trend patterns, the 90500 level is a key point for bulls to mount a comeback. Before this level is broken, a rebound can still be expected.

$ETH

Technical suggestions:
Bitcoin can consider a long position in the 91000-90500 range, targeting 93000.
Ethereum can consider a position in the 3100-3130 range, with a target of 3250.