As for the short-term structure, it is still being capped by the 75,200 level. During the evening, the rebound recovered to 76,600 but then faced pressure and pulled back—this is also the key resistance level we pointed out. Ethereum is showing even more clear resistance: during the evening, a second rebound to 2,270 was again met with pressure and pulled back. At present, the market is still in a range-bound consolidation phase. Going forward, we should continue to watch for signals of a breakdown.



Looking at the 4-hour chart, the market is seeing a phase of rebound strength, but it has failed to form any upside candlesticks with real bodies. Even though there was a spike at the close that broke above the intraday high, it still appeared in the form of an upper shadow. This indicates that sell pressure at higher levels is currently severe, and that a top-to-bottom (and bottom-to-top) switching type of price action is possible. In addition, the rebound is still showing signs of forming a downward channel. Therefore, the market’s next move is still likely to lean toward weak consolidation. For trading, keep a bearish approach as the main focus.

At present, regarding the market’s bottom support structure, we should still pay attention to the support at the 75,500 level—i.e., the bottom of the current consolidation range. For short-term longs, position them around the 75,500 area. Keep short positions at the high level of 76,500. For Ethereum, position short orders around 2,270-2,280, and watch the area around 2,240. #美联储利率不变但内部分歧加剧 $BTC $ETH
BTC1.15%
ETH1.26%
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