Reviewing the early morning market, overall bearish dominance remains. Bitcoin's price once broke below the oscillation support level of 76,000, but in terms of downward continuation, the decline was halted around 75,600 with a rebound. The volume of the bears' selling also showed some reduction, indicating a consolidation. Ethereum's approach is basically the same as Bitcoin's; Ethereum's retracement was relatively weak, with a spike to around 2,053 early morning, encountering resistance and bouncing back. However, the second retracement did not lead to further decline, still facing resistance near 2,065, with the low points showing a short-term upward trend. Whether the market trend will reverse depends mainly on the subsequent trendline break.

Currently, the four-hour chart shows a weak bottom consolidation. The market retraced to near the lower Bollinger Band and was resisted. As the Bollinger Bands further tighten, the trading range of the coin will continue to narrow and stabilize. The three consecutive downward moves in this phase all produced long lower shadows, indicating a certain buying strength at the bottom. The indicators also clearly show that the market is approaching an oversold zone after retracing again, and a normal weak structure will likely undergo some correction rather than continuous decline. Structurally, the operation should lean towards a short-term rebound and consolidation before considering a decline. In terms of trading, the early session should focus on buying dips to catch rebounds. When the rebound reaches a high point, look for opportunities to update short positions.

Bitcoin can be bought in the range of 75,500-75,800, targeting 76,800-77,500. Ethereum can be bought around 2,060-2,070, aiming for about 2,130. #美军打击伊朗 $BTC ‌$ETH ‌