The cycle in the crypto world is often a recurring loop—some bear the pressure at high levels, while others quietly position themselves at the lows. Volatility itself tests one’s mindset; the true key to success is not the entry timing, but whether one can maintain a sense of rhythm amid fluctuations and stay clear-headed during frenzy.

The overall performance of Wednesday’s market was a typical oscillating decline. Bitcoin gradually retreated from the 93,825 level in the morning and only stopped its downward trend around 90,987 in the evening. Ethereum followed suit, slipping from a high of 3,301 to a low of 3,142. Throughout the process, the bearish selling pressure was gradually weakening.

From the four-hour chart, the price shows a stair-step downward pattern, currently falling back into the area just above the lower Bollinger Band. Interestingly, the three Bollinger Bands have evolved into a parallel open shape. As the price continues to decline, the bearish momentum shows clear signs of exhaustion. Although there are attempts to probe the lower band support, based on current volume, it’s unlikely that the bears can forcefully break through the support zone below. This indicates that the probability of a rebound is significantly increasing.

On the one-hour chart, a pattern of three consecutive bearish candles has formed, with the price staying close to the lower Bollinger Band. Although there was an earlier attempt to break below, it did not stabilize effectively below that level. Combining previous patterns, the 90,500 level has repeatedly served as a critical point for bulls to launch a counterattack. As long as this support is not effectively broken, a bullish rebound remains promising.

Trading suggestions: Consider going long on Bitcoin within the 91,000-90,500 range, targeting 93,000; for Ethereum, consider long positions between 3,100-3,130, with a target of 3,250.