Every fluctuation in the market tests the trader's temperament. Those who survive long-term never chase short-term hype, but instead use patience to understand the true meaning of the trend. The significance of stop-loss is not about admitting defeat, but about staying alive to see the next opportunity; real profit comes from respect for risk and execution of plans, not luck. Stay calm when everyone is screaming, learn to retreat when greed overwhelms reason—that is the cultivation of a professional trader.

Today's market provided us with many insights. Bitcoin rebounded from around 86,800 in the morning, surged strongly to 89,557 to hit a high, but then had to retrace overnight, now repeatedly testing around 29,100. Ethereum moved in sync, rising from a low of 2,888 to 2,994 in the early session, then also pulled back to around 2,893 for consolidation. Our bullish outlook at the low in the morning yielded over sixty points, and then switching to a bearish view gained over seventy points. Throughout the trading day, Bitcoin contributed over 1,900 points of volatility, and Ethereum contributed over 100 points.

From a technical perspective, the candlestick chart shows a bearish engulfing pattern, with prices falling back below the moving averages. The short-term moving averages are arranged in a bearish alignment, indicating that market momentum is waning and a correction pressure indeed exists. But don’t rush to conclusions; some indicators still remain in balance zones and have not resonated with bearish signals. With insufficient volume, the authenticity of these technical signals remains questionable. The four-hour candlestick remains in a consolidation phase, with momentum continuously weakening and direction temporarily unclear. It is crucial to watch the support around 86,400, as this area plays a significant role in guiding the short-term trend.