The morning Bitcoin rebound above 68,000 faced resistance and pulled back, then retested the 66,500 level in the afternoon and was pushed up again. Currently, the price is still hovering around 66,800. Ethereum briefly retested around 1,930 and stopped the decline, recovering, while the relative price remains consolidating around 1,960. During the day, real trading saw long positions placed at noon, which unfortunately resulted in a loss of about 1,000 points, but overall, there are still no clear signs of a trend reversal. Throughout the day, the market moved less than 1,000 points up and down, but traders watching the charts have already experienced multiple rollercoaster rides. This narrow-range oscillation is the most exhausting—watching for a breakout and seeing it fail, or expecting a rebound and it softening. In fact, what the market makers want is exactly this effect: to make bulls doubt, to make bears hesitate, and to profit from the churn of chasing highs and selling lows, collecting transaction fees. Once everyone gets tired of the chaos, the real trend will emerge.



From the daily chart perspective, the current price is below the middle band of the Bollinger Bands, but support at previous lows below is clear. Although the MACD indicator's fast and slow lines are still below the zero axis, the green histogram momentum continues to shrink, and a bullish divergence is brewing. Recently, the daily candles repeatedly retested the support zone below and quickly recovered, forming a clear bottom accumulation pattern. Once the price stabilizes above the middle band, a double bottom structure will be officially established, and the market may attempt to challenge the upper band. Combining the four-hour chart, the price has already stabilized above the middle Bollinger Band, which is a key signal for short-term strength. Although the short-term moving averages are slightly above the current price, creating resistance, the medium-term moving averages have already formed support, and the moving average system is about to generate a golden cross. The MACD fast and slow lines, after crossing above zero, continue to diverge upward, with the red histogram still in a bullish zone despite some convergence. After quickly retesting previous lows, a V-shaped reversal pattern is forming. As long as the key support levels are maintained in the short term, testing the upper resistance is only a matter of time.

For the day, Bitcoin can be bought around 66,500-67,000, aiming for about 70,000. Ethereum can be bought around 1,930-1,950, aiming for about 2,050. $BTC $ETH
BTC-0,69%
ETH-2,38%
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