Bitcoin Market Analysis: The weekly Bollinger Bands are narrowing and contracting, indicating the market is entering a large-range consolidation and bottoming phase. The medium-term trend will repeatedly test and then choose a direction; the MACD bearish green bars are gradually converging, and the downward momentum is slowing down.



Support levels: 68,300 (weekly key defense level, the extreme support in this correction), 69,000

Short-term resistance: 72,600, 74,200

The market is highly likely to retest the support zone of 68,300-69,000 before initiating a weekly-level rebound. Only if it breaks below 68,300 will it move into a deep bearish trend.

Ethereum Market Analysis: The weekly Bollinger Bands are also narrowing, and a breakout between bulls and bears is imminent. The weekly MACD bearish momentum continues to diminish, indicating a weakening decline; 1915-1945 is the weekly mid-term vital support zone. As long as this area holds, a weekly-level rebound is expected.

Support levels: 1915~1945 (core support), 1850 (extreme defense)

Weekly resistance levels: 2100, 2250 (strategy for reference only)#BTC #ETH
BTC2.01%
ETH2.35%
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