After the market surged early this morning, the overall trend has once again entered a consolidation phase. Throughout the early morning hours, the price has not fallen below the 70,000 level, and the overall price remains within the 70,000-71,000 range. Currently, the trend continues to hover at a high level, stabilizing around the 70,000 mark, so a rally is only a matter of time. Ethereum remains under pressure around the 2080 level. The early morning correction did not cause significant volatility, and the price continues to fluctuate above 2050. At present, the market is in a strong high-level consolidation phase, with attention to the volume increase after the consolidation.

On the four-hour chart, after breaking through the middle band resistance, the price shows a strong recovery phase. However, the recent highs are under pressure. Although the Bollinger Bands are trending upward and waiting for a structure, there is no further momentum for volume expansion after the short-term surge. In the short term, the market will likely move into a further consolidation range. Yesterday’s white session maintained a consolidation correction, showing a clear bottoming signal. The key resistance zone below is between 69,000-69,500. The market may continue to dip slightly around the bullish positions for further positioning.

For Bitcoin, consider buying around 70,000, targeting 71,000-71,500. For Ethereum, consider buying around 2020-2040, targeting near 2080. $BTC $ETH