The midday market trend tested the bottom during the early session, and the price experienced a technical rebound. The highest point at midday temporarily recovered to around 68,000 before facing resistance and pulling back. Currently, the price remains around 67,200, continuing to fluctuate. Ethereum experienced a second rebound around 2010 during midday but faced resistance, and is now consolidating around 1980 after a pullback. In the short term, the market is approaching resistance levels, and without a breakthrough of key resistance, there may be a second retest of support levels.



Looking at the four-hour chart, the overall price has bottomed out and recovered to the previous dense consolidation area. After a volume breakout above the moving averages during midday, the current candle again shows a long upper shadow, indicating strong resistance above. Although there has been a rebound in the short term, the pattern of continuously decreasing highs and lower lows remains unchanged, and the price is still operating within a downward channel. The area between 67,500 and 67,800 is the resistance of the downward trendline. Only by breaking above this zone can the current weak trend be reversed. In the short term, the strategy remains to look for dips to buy.

For Bitcoin, consider buying around 66,500-66,800, aiming for about 68,200. For Ethereum, consider buying around 1,930-1,960, aiming for about 2,030. #比特币重回跌势 $BTC $ETH
BTC-0,42%
ETH1,23%
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