The overall intraday Bitcoin chart shows a slightly weak oscillating trend, testing the 82,100 level upward in the early morning but facing resistance and pulling back, with the market then continuing to weaken gradually, falling back to around 79,800 before gradually stabilizing and temporarily stopping the decline.



From the daily chart perspective, the medium- to long-term overall bullish structure remains intact, currently only in a consolidation and rest mode after reaching high levels, with short-term mainly focused on oscillation and correction, and the momentum for another sharp surge is relatively limited. The current price is near the lower band of the 4-hour Bollinger Bands, with short-term sentiment leaning towards weak consolidation.

On the chart, the important resistance level above is around the previous high of 82,000, while the key support below is near 79,100. As long as the support area can be effectively held, there is still room for technical rebounds and corrections. The overall structure is not broken, and in the short term, a rebound from oscillation correction is more likely, with a steady approach to larger-scale trend following.

Bitcoin retraced to around 79,000-79,800, targeting 81,000-82,800.

Ethereum retraced to around 2,220-2,260, targeting 2,350-2,430.
BTC-0.3%
ETH-1.27%
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