Bitcoin and Ethereum, after a continuous decline, have entered a low-range consolidation phase overall. Although there have been rebounds and corrections during this period, the upward momentum has not shown a significant increase. Multiple attempts to push higher have been met with resistance near key levels and have pulled back. Bitcoin's highs have not been able to continue rising, and Ethereum is similarly constrained. Subsequently, both have returned to the lower range, indicating that the current market is still mainly in a weak, oscillating tug-of-war. The short-term structure has not yet broken free from a predominantly bearish pattern.

For those who have already shorted at the high levels earlier, it is still advisable to maintain the original strategy and continue observing the lower support levels. There is no need to prematurely doubt the judgment due to minor partial rebounds. The key now is whether the rebound can restore the ability to change the overall structure. If the upper side remains unable to open up space for movement, there is still a possibility of further downward testing after the consolidation ends. During these back-and-forth phases, it is especially important to focus on the overall rhythm rather than short-term fluctuations. True stability and confidence often come from sticking to the structural analysis, rather than being repeatedly influenced by minor details within the market. #Gate广场四月发帖挑战 $BTC