Daily price action has remained within a range with repeated fluctuations overall. BTC consolidated near the 70,000 level during the early morning, with the market briefly testing above 71,400 during intraday movements. However, selling pressure at higher levels remained firm, and the market quickly entered continuous pullbacks after a very short time spent at elevated levels. After retesting lower levels near 69,400 in the evening, the pace gradually slowed, and we've now returned to consolidation around the 70,000 line. ETH moved in sync with a rally-and-pullback pattern, hitting resistance near 2,170 before pulling back, then retesting above 2,120 and entering lateral consolidation once again. Overall, while the day brought repeated swings, the core rhythm remained aligned with the main theme of upper-level resistance, so intraday positioning continued to focus on shorting ideas, with actual position management maintaining solid continuity. Market conditions change daily, but what truly produces stable and consistent results is never emotional trend-following, but rather those who can patiently execute after clearly identifying direction.

From the current chart perspective, BTC and ETH have retraced following yesterday's rally, but remain within the high-level consolidation framework overall. On the 1-hour timeframe, BTC has repeatedly reversed candles after retesting near 69,400 and is currently consolidating around the 69,800 line. Short-cycle moving averages are crossing, indicating the short-term remains in oscillation and repair mode. ETH similarly continues to confirm support above 2,120, with repeated testing around 2,140, showing no single-directional continuation in rhythm. On the 4-hour timeframe, BTC's Bollinger Bands are starting to tighten, with price running near the midline. The 71,000 line above remains a near-term resistance barrier, while 69,400 below represents the core support zone following yesterday's retest. ETH's 4-hour frame similarly oscillates near the midline, with resistance remaining above 2,155, though the 2,120 line hasn't been effectively broken below, suggesting current conditions are more range consolidation than trend reversal. On the daily structure, BTC continues to probe higher but hasn't broken through the previous resistance zone—a phase of accumulating strength within high-level consolidation. ETH's daily remains within the prior rebound structure internally, so operationally it's more suitable to wait for rebounds near resistance and continue shorting from elevated levels, with the short-term direction still favoring shorting pullbacks as the more prudent approach. #BTC突破71000美元 $BTC