Next, where will Bitcoin and Ethereum go from here? Let's share some ideas and thoughts!

Bitcoin's trend is slightly stronger than expected, bouncing back before reaching around 80,000. Small fluctuations continue within a range, and many altcoins are once again approaching their previous lows. The market is colder than the weather.

Regarding Bitcoin, it is clear that after breaking below the ascending wedge and then rebounding for confirmation, it continues to decline. Overall, it is still in a consolidation phase seeking a bottom. Fortunately, Bitcoin has already shown a daily-level bullish divergence, so the possibility of stabilizing and rebounding at the 86,600 support level is quite high! But one thing to watch out for: the 83,000 level must not be effectively broken during the volatility. If it is broken, the expected rebound could be thwarted, and Bitcoin may head toward 80,000 again. Seeing Bitcoin starting with 7 is also something that could happen in the near future! Conversely, if the rebound proceeds smoothly, I remain optimistic. If it can hold above 90,500, there is a good chance it will reach 97,000-100,000, and even making a secondary high is not impossible!

Ethereum is slightly stronger than Bitcoin. After breaking the ascending wedge, it stubbornly returned inside the wedge. Currently, a pullback to the lower boundary at 2,920 is likely, coinciding with Bitcoin's potential stabilization. Resistance levels are at 3,040, 3,430, and 3,830. Lastly, a few casual remarks:

From this point in time, the bear market has just begun. For those who prefer dollar-cost averaging and holding coins, it is recommended to focus on Bitcoin. Altcoins are not necessarily not worth holding, but the timing isn't right yet! Every bear market cleans out a large number of altcoins, and the rise of on-chain US stocks will divert a lot of altcoin funds. If you hold too early, you risk holding the coins that will eventually disappear. The risk is high. It’s better to wait until the end of the bear market to make such moves!