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Bitcoin currently shows a certain upward channel on the four-hour chart, facing resistance and consolidation. At the moment, the midline at 80,600 is a short-term support level. The trading range for the day is also quite clear. The key point is whether the market can further test the break below, leading the daily chart to form a larger correction structure of a decline. In terms of operations, focus on short positions, with short-term attention on consolidation between 80,600 and 81,500. Light short positions can be taken on a break below 81,200, with a target of 79,200-79,500 if the 80,600 support is broken.
As for Ethereum, it still continues to follow the downtrend without following the rally, constantly attempting to break lower during the day. Short-term, it retraces and drops back into the downward channel. Currently, the resistance above is near 2,335, with a pattern of pressure. Further correction and decline can reference previous support levels at 2,300-2,280-2,250. If Bitcoin falls back and drives Ethereum's bears with increased volume, further adjustment should focus on the bottom of the downward channel. #BTC回调 $BTC $ETH