Today's early trading presented a range-bound consolidation pattern, with prices fluctuating within a narrow range of 93600 to 94000, as both bulls and bears were caught in a brief stalemate. As market sentiment gradually warmed up, bullish forces began to exert strength, pushing prices steadily upward, successfully breaking through the key resistance level of 94000, and briefly stabilizing around 94500, indicating some upward momentum. In the afternoon, market sentiment further surged, and prices continued to rise, briefly touching the 95000 mark. However, due to heavy selling pressure above, the bulls failed to establish effective support, and prices quickly retreated, returning to the vicinity of 94000 for consolidation. In the evening, the bulls once again showed strength, reclaiming the 95000 level. Overall, throughout the day, the market maintained a broad consolidation tone, with both bulls and bears evenly matched, and no obvious one-sided trend emerged. The low points of the market were consistently rising throughout the day. Our approach during the day remained focused on the consolidation strategy, with two positions set for the day, achieving a total gain of 2134 points in the main asset. A total of 83 points were gained in the secondary asset. Whether the market is favorable or not depends on our day-to-day strategy, and those who understand, understand.

From the current 4-hour perspective, the market remains in a consolidation range, with the Bollinger Bands showing no breakthrough. The upper high points are still in a prolonged phase of resistance, and the current K-line is again reaching the upper band under pressure, with indicators showing a death cross and divergence, both indicating that the market will undergo a certain retracement. Additionally, from the 1-hour chart, although there has been a certain upward trend during the day, the highs are still trending downward, and the tail end of the arm has formed a triangular range for the bulls and bears to battle. Considering the time lag and divergence in the 4-hour chart indicators, coupled with the resistance after the bullish push against the upper Bollinger Band, the market in the early hours will likely experience a certain retracement. In terms of operations, one can first maintain a bearish outlook, continuing to look for lower points around 93500.

The main asset can short at 94700-95200, with a lookout for 93500 and 92700 levels. Ethereum can short at 1810-1825, with a lookout for around 1760.