Recently, the cryptocurrency market has experienced a sharp fall, catching many investors off guard. Major digital assets such as Bitcoin and Ethereum have continuously recorded bearish trends, showing a slight rebound after a long wick candle drop.

The originally anticipated trading plan for the range of $11,400 to $3,600-$3,620 has been temporarily shelved, but it is still necessary to closely monitor market trends and be ready to execute the original plan at any time.

From a short-term perspective, the market is still in a weak consolidation phase. If there is no significant rebound throughout the European trading session, investors may need to consider looking for the right opportunity to adjust their positions.

For Bitcoin, the areas around $11,400 and $3,600-$3,620 are still key price levels worth paying attention to. It is advisable to consider light participation near these price levels, but be sure to operate cautiously and manage risks.

It is worth noting that the cryptocurrency market is highly volatile, and investors should remain vigilant at all times and manage risks properly. At the same time, it is important to pay attention to global macroeconomic conditions and changes in regulatory policies, as these factors can significantly impact digital asset prices.

In conditions of high market uncertainty, investors are advised to be patient, avoid impulsive trading, and closely monitor market signals to be prepared for potential opportunities.