This morning's market sentiment overall fluctuated within a small range, maintaining a sideways consolidation pattern, with neither bulls nor bears showing clear aggressive moves, and buying and selling forces tending to balance.

Short-term moving averages are intertwined and closely aligned, with no clear upward or downward breakout direction; early trading volume remained low, showing a shrinking consolidation pattern. To effectively break the current sideways trend, trading volume must pick up in the future.

The 4-hour timeframe remains in a low-level weak correction stage after a decline, with no signs of a stable rebound structure. The Bollinger Bands are gradually flattening, with prices running near the lower band, and the MACD momentum bars continue to shrink. The moving averages are generally in a bearish arrangement, with clear resistance above; only if the key support below holds can there be a chance for a rebound and recovery. If the support is broken, the weak trend will continue further, with the short-term bearish pattern dominating.

Bitcoin rebounds, range layout between 8.05 and 8.1, targeting 7.95 to 7.9! $BTC #BTC重返8万 #Circle增发2.5亿枚USDC $ETH