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1. Afternoon of the 20th, Bitcoin and Ethereum operation suggestions and directional sharing
Actually, in the crypto world, it's like sailing in a vast ocean. If the direction is wrong, even the strongest sail can only lead people away from the target. Only by finding the correct course can each paddle stroke push the boat closer to the other shore. During midday, the idea was validated again. Bitcoin (referred to as "大饼") dipped again, ending short-term narrow-range oscillation, falling from around 92,500 to a low of 90,723. Ethereum (二饼) also declined from its high of 3,200 to 3,106. We suggested entering around 92,300 for Bitcoin and 3,186 for Ethereum, and to exit near 90,870/3,118, capturing over 1,600 points of space. All of Lao Zhao's ideas are given in advance and can be traced. Friends without clear ideas and directions can check for themselves.
From the current market situation, it remains trapped in a downward channel. The previous highs continue to decline, rebound candlestick bodies are weak, and attempts to retake are met with selling pressure. After losing the key level of 91,000, the rebound recovery is within a broader oscillation. The rebound momentum is exhausted, overall weak, maintaining a pattern of rebound—resistance—further decline. The signal for a trend reversal is missing, and the trend is biased downward. On the 1-hour timeframe, consecutive bearish candles indicate continuous pressure, weak rebounds, and constantly refreshing lows, showing accelerated downward characteristics. Although there was a slight stabilization around 91,100, the sustainability is weak, more like a downward buffer rather than a relay of momentum. The overall dominant pattern is bearish. Currently, it is not recommended to bottom fish; operation should mainly focus on rebounds.
Bitcoin between 91,200 and 91,700 can be traded with caution, watch 90,000.
Ethereum between 3,130 and 3,160 can be traded with caution, watch 3,050.