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The intraday market rhythm has been very clear. Bitcoin retested around 68,800 in the early morning and then gradually stabilized. Subsequently, bulls took over the pace, with the market continuously moving upward along a volatile rally structure. During the day session, the center of gravity continued to rise and reclaimed the 70,000 level. From afternoon into evening, the rebound continued, testing highs near 72,000 before facing selling pressure and pulling back. Overall, it presents high-level consolidation following a low-level recovery. Ethereum moved in sync, rebounding from around 2,100, with intraday rhythm basically consistent with Bitcoin. The day session gradually moved higher, and in the evening touched near 2,200 before similarly experiencing a pullback. Looking at the full day, market sentiment has obviously warmed compared to the previous phase, but as prices approach resistance, profit-taking sentiment is also gradually intensifying. The market changes daily—some can seize opportunities within the rhythm, while others constantly miss positions in hesitation. What truly determines the outcome is not the magnitude of the move, but whether you can maintain judgment and execution when facing volatility.
From the current technical view, the major timeframe is still in the high-level consolidation stage following the rebound. After consecutive probes on the 4-hour level, no strong continuation has formed, indicating resistance remains above, especially with weakening strength near previous highs. Although the short-term has not completely turned weak, the momentum to continue opening upside space has slowed. Therefore, the subsequent approach remains focused on shorting after rebound pressure at high levels. During intraday pullbacks to high-level zones, relatively ideal shorting opportunities were provided, and following the trend in real trading also captured decent space. Ethereum's overall structure synchronizes with Bitcoin—after high-level rebounds it similarly enters consolidation, and without forming new volume breakouts, chasing longs lacks good risk-reward. Going forward, continue focusing on pressure performance after rebounds, maintaining high-level shorting ideas aligns better with current rhythm. #Gate正式接入Polymarket $BTC