The current technical structure is still in a typical wide-range consolidation phase. Both long and short sides are testing the market, and neither side has strong follow-through, causing the price action to seesaw up and down. This makes it easy for a “stop-hunt with fakeouts in both directions” to occur.

Although the focus has shifted upward and the price is still wobbling, the overall bottom of the trading box is rising, which is a typical “bullish-leaning” operation pattern.
The momentum has not yet fully played out—short-term upside energy has not completely exhausted. The upper ceiling has not been hit yet. Several times the shorts have tried to probe downward, but they have not broken through, which indicates that selling pressure is easing.
Since the shorts can’t force a drop, the outlook is likely to build up strength in the next phase by expanding the consolidation range. In terms of trading, avoid chasing rallies or panic-selling. In the afternoon, still maintain the “buy on pullbacks” mindset, and wait for low-entry opportunities after the price retraces to support levels, staying steady and prudent. $BTC ‌$ETH ‌#Gate6月透明度报告 #PreIPOs第二期OpenAI认购