1.23BTC/ETH Market Analysis:

Upon waking up, gold has reached a new high again and silver is also rising with the tide. In the past, we could think about gold wrapping silver, but now that might be difficult. The end-of-year pace is getting closer; are you ready with your U, your three golds, five metals, and nine treasures?

Bitcoin's volatility remains calm as water. After a rapid decline with six consecutive bearish candles, it has been consolidating sideways at low levels over the past two days. The lower band of the Bollinger Bands has not moved downward, leaving more room for potential decline, so the price has struggled to go lower. Yesterday’s daily candle closed as a positive doji star. After the middle band flattened, it started to slightly open downward, while the lower band, which was previously opening upward, has now turned downward, making space for a potential big drop later. MACD continues to show increasing bearish momentum, KDJ is slowing down, and RSI, after being oversold at a low level, is turning upward. Overall, the trend remains bearish. The 4-hour rebound has been under pressure at the middle band, with both the middle and upper bands opening downward. MACD shows signs of bullish energy increasing, indicating a correction or rebound is needed. Rebounds are a good thing; without a rebound, how can there be greater profit in short positions? Rebounds are for better declines, providing opportunities to add to short positions. So everyone must cherish rebounds and this chance to reverse course!

Resistance above is at the 90,000 level, followed by the 4-hour upper band around 91,700. Enter short positions around this area. The target below is 89,000, 88,000, and around 87,000.

Ethereum’s daily candle closed as a long upper shadow with a medium-length bearish body. Continue to watch the 3,000 level for resistance during rebounds, followed by 3,050 and 3,100. Enter short positions around these levels. The target below is 2,950, 2,900, and around 2,800.

Life is like a clock; you can return to the starting point, but it’s no longer yesterday! Each wave of the market is similar, but similarity does not mean identical. Seeing similar market conditions does not guarantee smooth sailing from then on. The biggest danger in investing is impatience, and the worst is impulsiveness. When analysis becomes a task and investing becomes a burden, you’ve already deviated from the right path. Facing the flickering K-line every day feels like being on a battlefield—what was once elegant now seems unremarkable. Don’t walk backward; otherwise, all you’ll see are tears and sadness.