Nighttime retested around 65,500 and showed signs of consolidation after stopping the decline. The rebound to around 66,500 faced resistance and did not provide the bulls with further continuation of recovery. The market is currently retesting around 66,000 for consolidation, still in a typical low-volume accumulation phase after a surge. The bears remain dominant.

Ethereum's movement is synchronized with Bitcoin. The market retested the 1,966 level to halt the decline, but the subsequent correction has not recovered to the 2,000 level, indicating a weak structure.

On the four-hour chart, following yesterday's volume-driven decline, the market further retested to confirm a short-term bottom. As we approach the weekend, trading volume is expected to decrease. Currently, oversold signals appear on the indicators, with the KDJ lines converging and showing signs of a golden cross. The further consolidation over the weekend is a typical correction method of "time for space." Rebounds are unlikely to have much continuation, and after the correction ends, there is room for retesting lower levels.

During the weekend, continue to maintain a range-bound approach.

For Bitcoin, consider a range of 66,800-65,500 for trading over the weekend. For altcoins, watch the 2,000-1,960 range. The overall trend remains cautious, with a focus on potential breakdowns. #加密市场回调 $BTC $ETH