This Sunday, weekly line BTC/ETH chart review

ETH daily chart: After falling from the high point of 2156.41 and touching the low at 1504.11, it started a phase of rebound and repair. During this rebound, it continuously formed a structure where swing lows gradually lifted, as the bulls kept absorbing the bearish momentum from the prior down move. After pushing higher this week’s Sunday line, the upside strength slowed down. Price entered consolidation and range-bound trading in a high-level zone. During the push-up phase, volume momentum shrank, and the selling pressure on pullbacks was relatively limited. This is a consolidation-and-rest setup after the rebound. The overall large structure still remains a repair pattern after a big drop; it has not formed a new round of one-way bullish trend. Key resistance above continues to face pressure. In the short term, the market maintains back-and-forth games within a range.

BTC daily chart: After the high at 82342.5 moved downward, the lowest touched 57770. It bounced by relying on bottom support, and the chart rhythm is highly synchronized with ETH. After this week’s Sunday line reached a phase high, it started sideways consolidation. The volatility range gradually narrowed, and the struggle between longs and shorts is trending toward balance. The rebound progressed in an orderly, step-by-step manner; firm bottom support is the biggest advantage of the current stage. However, upward attack momentum keeps weakening, and it is difficult for the short term to directly break through the above medium-term pressure. The market is entering a phase of consolidation to build energy.

Overall summary of this week’s market:
This week, the two major coins continued the range-bound structure after low-level rebound. The core advantage is that bottom support is solid, with limited room for further deep downside, making it unlikely to see consecutive breakdowns and large selloffs. The downside is that bullish attack momentum is insufficient and the sustainability of rallying is weak. This is more suitable for capturing range swing opportunities, and it is not advisable to blindly chase a one-way direction. In a ranging market, laying out trades back and forth based on support and resistance is more aligned with the chart’s rhythm. Wait patiently for a valid breakout, and then follow the new trend accordingly.

‼️The content above is only for technical chart analysis reference and does not constitute any investment advice. Cryptocurrency trading is highly volatile and the risk is extremely high—please control your position size yourself and trade cautiously.