5.3.BTC.ETH. Evening Highlights

Current situation re-enters the consolidation range, overall maintaining the consolidation trend at the 4-hour level. In the short term, a valid breakthrough at the 965 level is needed for a new round of upward movement. If this position can be held, it may challenge the resistance areas around 97850, 98600, and 99500, with the premise of confirming standing above this position on the 4-hour chart; otherwise, it will still be mainly in a range consolidation.

Bitcoin's short-term support to watch is at the 95800 level tonight, followed by around 950. It is worth noting that 950 is also an important support level on the daily chart. If the daily chart loses this area, it may indicate the end of this round of upward structure at the daily level, which will further weaken. If a breakout occurs, a more stable entry after confirmation on the daily chart could be considered, paying attention to the pressure zone between 98500 and 99400.

Ethereum is also in a consolidation pattern at the 4-hour level, with key resistance currently around 1830. If it can hold this position on the 4-hour chart, it is expected to continue moving upward in the short term, with the target resistance area around 1870. However, without a breakthrough, it is likely to remain in a consolidation state. Support to watch is the integer level of 1800, which is an important support level on the daily chart. Once this level is broken, it may indicate that the current upward structure at the daily level has come to an end.