#比特币对比代币化黄金 Tonight's retracement level is quite interesting; it happened to hit the midpoint of the 4-hour uptrend from a few days ago. ETH performed particularly textbook-like, $ETH almost a perfect technical pullback. $BTC dropped a bit more, but it's not a big issue.

Since we've reached this depth, next we should watch the low of the wick from tonight. The key point is—if it holds, the 4-hour bullish structure remains intact, and it's very likely the market will consolidate at the bottom over the weekend, forming a small base before a technical rebound. But if the 4-hour candle closes below the previous low? Then things don't look so good, and we might need to keep searching for the bottom.

$BNB is also within the observation range, with short-term moves mainly following the broader market.