From the 4-hour chart, the market is in a high-level consolidation pattern with continuous fluctuations. Although there are occasional consecutive bearish candles, they are followed by bullish candles that recover lost ground, indicating that the bulls' willingness to support remains. The pullback space stays within a normal correction range, short-term moving averages are flat, and the MACD indicator shows signs of a death cross at high levels. The RSI has fallen back from the overbought zone to around the neutral 50 level, and momentum is weakening. The local pattern shows a transitional consolidation, with the Bollinger Bands gradually narrowing, hinting that a trend reversal window is approaching. Combined with the long upper shadow on the daily chart, after continuous volume expansion, the upward momentum has slowed, and selling pressure above is beginning to appear. In the short term, caution is advised for a possible retest of support to confirm the validity of the consolidation structure.



BTC's small-scale rebound bullish continuation, support at 71,500; if not broken, targets are 73,800-74,300. Short positions can be entered near this range. If the short-term long positions fall below 71,500, consider exiting and watch for a retest of 70,500-70,000 before attempting to go long again.
ETH longs wait for a retest opportunity at 2,150-2,130; if it stabilizes above 2,200, a four-hour close confirms the end of consolidation, with targets at 2,250-2,280. #Gate上线Pre-IPOs #加密市场回升 #原油小幅上涨
ETH1.86%
BTC1.48%
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