Just finished writing a Python script, looked up, and BTC still hasn't stabilized at $90,000. This pullback from the high point has washed out the long positions that chased the highs this afternoon.
Currently, BTC has returned to around $87,600, and ETH has even dropped below $3,000. The market's absorption effect is very strong right now; gold has surged recently, pulling away quite a bit of capital, and the liquidity in the crypto market is a bit tight.
My personal operating idea for tonight:
Focus on 87,500: This is BTC's current key support. If it breaks below here with volume tonight, I will lower the position of the automated script a bit more to guard against a second dip.
The weakness of ETH: Ethereum is currently not only weak on the technical side, but the exchange rate is also poor. If it can't rebound back to $2,950, $2,850 is in sight.
Opening suggestion: In this kind of downward trend, don't catch falling knives. Personally, I would wait for a bottom divergence on an hourly level before considering entering the market.
After working with Web3 for the past two years, I've learned the most important thing: in a market you understand, you make profits; in a market you don't understand, you sleep. Good night, comrades.