The current market has fallen into a negative feedback loop of self-fulfilling expectations. When the majority of funds view "bounces as exit opportunities," each intraday pulse becomes a loss-mitigation window for trapped positions, leading to continuous erosion of buying interest. At key levels, previously important support has transformed into strong resistance, with price trading below major support levels and showing no signs of a retest. Overall, the market exhibits either declining trends on shrinking volume or declines on expanding volume, with weak rebounds and a high probability of continued bottom-fishing moves thereafter. #比特币支撑阻力位分析 $BTC ‌$ETH ‌