Recently, ETH and BTC experienced a sharp decline and entered a consolidation phase, with overall market movements oscillating and lacking a clear trend direction. This is not a good time to open positions. Currently, BTC is fluctuating around $78,000, while ETH is oscillating in the $2,400 range. Support and resistance levels have not yet been effectively confirmed, and the market remains under the continuous influence of the Federal Reserve policy shift expectations and rising geopolitical risks. Risk aversion sentiment is strong, and the continuous net outflows from spot ETFs also reflect cautious institutional attitudes. During the consolidation phase, the battle between bulls and bears is intense, and the signals for a breakout are unclear. Reckless opening of positions may be easily swept out by range fluctuations, and weekend market liquidity is relatively low, which can amplify volatility. It is recommended to stay on the sidelines, wait for the price to break through key ranges, and for the trend to become clear before considering positioning, to avoid unnecessary trading risks.
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Recently, ETH and BTC experienced a sharp decline and entered a consolidation phase, with overall market movements oscillating and lacking a clear trend direction. This is not a good time to open positions. Currently, BTC is fluctuating around $78,000, while ETH is oscillating in the $2,400 range. Support and resistance levels have not yet been effectively confirmed, and the market remains under the continuous influence of the Federal Reserve policy shift expectations and rising geopolitical risks. Risk aversion sentiment is strong, and the continuous net outflows from spot ETFs also reflect cautious institutional attitudes. During the consolidation phase, the battle between bulls and bears is intense, and the signals for a breakout are unclear. Reckless opening of positions may be easily swept out by range fluctuations, and weekend market liquidity is relatively low, which can amplify volatility. It is recommended to stay on the sidelines, wait for the price to break through key ranges, and for the trend to become clear before considering positioning, to avoid unnecessary trading risks.