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The intraday structure game between Bitcoin and Ethereum remains within a range-bound oscillation. In the early part of the day, market momentum was insufficient, and Bitcoin gradually declined from around 71,000. During the session, the price repeatedly tested liquidity downward, touching a low of approximately 68,900 before receiving strong buying support. Subsequently, the decline slowed and entered a sideways consolidation phase. In the evening, market sentiment gradually warmed up, and the bulls began to reorganize their attack. The price quickly recovered the 70,000 level and consolidated above this area, indicating that the support below remains relatively strong. Ethereum's movement was largely in sync with the overall market, gradually retreating from around 2080, with a temporary low near 2005 during the session. The price then stabilized and rebounded, regaining above 2060. Looking at the overall daily rhythm, the market mainly reflects a process of structural repair following liquidity release below. The bears lack the momentum to continue at key support levels, and after a deep retracement, the price returned to the central range.
From the current chart structure, Bitcoin's four-hour chart shows a clear stage support around 69,000. This area is not only the lower boundary of the previous consolidation platform but also a dense zone of lows formed during the recent retracement, holding significant structural defensive value. The current rally has re-established above the short-term moving averages, which have shifted from resistance to support, indicating the market is completing a short-term trend correction. Key resistance to watch is the previous pressure zone around 72,000. Once a volume breakout occurs above this level, the price could extend further toward 73,000. The critical support remains near 69,000; as long as this area is not effectively broken downward, the overall structure remains biased toward bullish recovery. For Ethereum, the four-hour chart shows clear support at the 2000 level, with resistance concentrated between 2100 and 2120. Given the current chart structure, the market's focus is gradually rising, so the subsequent trading strategy should mainly involve buying on dips. #Gate蓝龙虾重磅上线 $BTC