From the short-term trend perspective, after the rapid decline to around 68030, Bitcoin did not continue its weakness but instead showed small positive candles at the low levels to recover. It has now returned to around 68600, indicating that buying support below still exists. Combining the current four-hour Bollinger Bands, the middle band is beginning to move upward, and the short-term market has regained its position above the middle band. The short-term rhythm has shifted from sharp decline to a recovery and consolidation phase. However, the resistance at 69000 remains the first barrier. If the price can continue to stay above 68200, there is a chance to test the previous high again. If it faces resistance and falls back, support levels are around 68000, with further support at 67500. This area is still key to whether the short-term structure can remain relatively strong.

Regarding Ethereum, after facing resistance near 2132 and pulling back to around 2073, it did not continue to break downward with increased volume but gradually stabilized above 2080. The current market is approaching the four-hour Bollinger middle band, indicating that after the short-term bearish pressure was released, the market is entering a recovery phase. Currently, around 2000 is the first short-term resistance. If it can successfully break above, it may continue to rise toward 2130. On the downside, focus on support at 2080, with stronger support near 2050. As long as the pullback does not break this level, the overall structure remains a secondary buildup after high-level consolidation. Although the market has experienced a decline, the support framework remains intact, so the short-term outlook should prioritize buying on dips. Patience is needed to wait for key levels to provide more reliable opportunities. #Gate广场四月发帖挑战 $BTC