Ethereum Analysis:

Ethereum experienced a 600-point drop after a false bullish move last night. The price initially rose above the midline of the price channel before plummeting. However, this drop was expected as the recent bullish trend had been too strong and needed a reality check.

Currently, after the drop, ETH immediately rebounded and is still operating above 3500, with the potential to challenge 4000.

In today's session, attention should be paid to the support level around 3480 for ETH. The strategy still leans towards being bullish, and it is recommended to consider a rebound within the range of 3480-3500.

Bitcoin Analysis:

Bitcoin, after reaching a historic high of 69000, immediately dropped by 10000 points, which can be described as quite dramatic. Many expected it to reach the 70000 mark after hitting a new high, but reality delivered a harsh blow. Despite the rapid decline, the rebound speed was impressive. In the short term, Bitcoin still seems reluctant to fall below 60000 and is currently moving within the range of 63000-65000, with the potential to challenge new highs at any time.

After clearing out the bullish sentiment, there is still room for a rebound. In the short term, the strategy remains bullish.

BTC is expected to find support in the range of 63200-62800 for a rebound.

The choices we make far outweigh our efforts; destiny is only responsible for shuffling the cards, and it is always us who play the hand. Some people see opportunities and seize them, while others see traps and fear. Just like the current market situation, seizing opportunities is the most important.

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