7.29 The consolidation hasn’t ended—keep an eye on the support/resistance conversion node!!

Briefly: Yesterday the market maintained a range-bound consolidation pattern. In trading, the rebound idea was built around the support zone at 4030-4045, repeatedly rolling positions around the recent swing highs and lows. In a choppy market, stop-losses are unavoidable, but overall the result was positive.
Back to today’s chart: Price has already broken below the 4030-4045 range, and the prior support has officially flipped into short-term resistance. Resistance above to watch in order: 4030-4045, 4065-4080; the key support zone below remains unchanged at 3960-3980, with 3950 as an additional defensive reference if it falls further. In the short term, the market lacks a clear one-way catalyst—wait for the market to show direction signals before taking action.
Risk warning: This article is only for technical market recap analysis and does not constitute any investment advice. The market has uncertainties—please do a good job of risk management.$ETH $BTC $XAU