Morning Thoughts

This morning, the price has been fluctuating back and forth within the small range, belonging to a "sideways consolidation" pattern.
Both the bulls and bears are temporarily not exerting much force, with buying and selling pressures relatively balanced;
Short-term moving averages are still intertwined, with no clear divergence or convergence trend.
The morning trading volume is relatively low, indicating a "volume contraction and sideways movement."
A breakout requires increased volume to break the current sideways pattern.
The 4-hour timeframe remains in the recovery stage after a previous decline, overall showing a weak recovery, without forming a stable rebound structure.
The Bollinger Bands are gradually flattening, with price moving along the lower band, and the MACD histogram continues to shrink.
The moving average system is generally bearish, with the short-term moving averages forming a clear resistance.
Only after the key support holds can a rebound be expected.
If the support is broken, the weakness will continue, and the short-term trend will favor the bears.
Bitcoin is hovering around 81,000, with a target of 79,500, and a support at 81,800.
Altcoins are short around 2,350, with a target of 2,270, and a support at 2,380.