#PCE指标即将公布# Currently, Bitcoin is in a range-bound phase, and the technical indicators suggest that a 1-hour level rebound is likely to occur in the short term. However, it is important to note that this rebound does not indicate a trend reversal; after the rebound ends, the market may continue to dip, with the next round of decline expected to start next Monday or Tuesday. Currently, from a 4-hour perspective, the downtrend has not yet completed, and market participants should maintain sufficient patience and wait for the overall adjustment structure to finalize.

In terms of short-term trend analysis, Bitcoin is currently experiencing the second wave of rebound on the 1-hour chart. If the price can effectively break through the key resistance level of 110300, it will confirm the formal formation of the 1-hour rebound pattern. At this point, investors can shift their attention to the next resistance zone around 111500. However, it is important to be cautious, as after this rebound ends, the market may face the third wave of 1-hour decline, and the specific intensity of the decline needs to be judged based on real-time market conditions.

From a smaller time frame, the 15-minute chart shows that a central structure is currently being built. If the price can stabilize above 110300, it will further confirm the validity of the 1-hour rebound, before initiating a new round of decline. If the price cannot effectively break through 110300, one should be wary that the market may evolve from 9 oscillations into a 1-hour central structure, followed by a downward movement in the form of leaving the central structure.

In terms of Ethereum, its trend usually maintains a high degree of synchronization with Bitcoin, and in the short term, attention should also be paid to the 15-minute level operating status. Currently, Ethereum is also forming a 15-minute central area. According to conventional trend analysis, there is still room for upward development. However, after the one-hour level rebound ends, Ethereum is likely to follow Bitcoin and begin a new round of dip, with a high probability of breaking below the crucial support level of 3800. Investors should be adequately prepared.

From a larger time frame perspective, the daily level shows an overall downtrend, and the market is likely in a wave of daily level decline. Attention should be focused on the support performance in the 95000-90000 range. The 4-hour level also continues the downward trend, currently running the third wave of the 4-hour decline, with the 100,000 position forming a key support area. However, the short-term trend at the 1-hour level is upward, likely forming a rebound. If it breaks through 110300, it can be considered as a confirmation of the rebound, but after the rebound ends, it will still return to the downward trend.