On the four-hour chart, the high points gradually and slightly drift downward. It looks like the market is weakening, but in reality, it’s only a reduced-volume pullback used to retest and clear short-term floating orders. After the price’s center of gravity temporarily shifts downward, the selling fall quickly comes to a halt; trading volume continues to decline, and the momentum behind heavy selling keeps fading, while the downward pressure is clearly insufficient.

The chart seems as if the “big seller” is intentionally adding positions to manufacture panic and push prices down; however, this is actually the main force taking advantage of the dip to secretly collect panic-cutting chips. Currently, it is a healthy technical consolidation within the “big seller” upward trend, and there are no signs of a trend reversal. This pullback is only to build strength for the subsequent rise, while the overall market direction remains in the “big seller” pattern.

BTC retraces around 76,600–76,000; targets higher at 77,400–78,600.

ETH retraces around 2,080–2,040; targets higher at 2,120–2,200.