After several days of significant corrections, the overall market trend is currently in a recovery phase, and the movement is not too pronounced. It can be clearly seen from the hourly chart that the overall market is oscillating around a range. Looking back at the midday market, the Bitcoin price is still oscillating around the range of 103800-105000, with the movement being relatively slow and anxious. Market trading is light, lacking both downward momentum and signs of a breakthrough. Ethereum rebounded after retracing to the low of 2483 in the early hours, with the price slightly rising to reach the level of 2531 before encountering resistance. Currently, the market shows low volatility characteristics, and investors are in a wait-and-see mood, awaiting new catalysts to guide direction. Since the movement is slow, we will respond with short-term strategies, as maintaining a clear mind is key to our success!
From the four-hour perspective, after the previous release of bearish sentiment, the market continuously moved downward with consecutive red candles, with bears showing a clear advantage. However, after the price retracement, the market did not form a unilateral decline, but instead fell into a low-level tug-of-war, with short-term bulls and bears repeatedly battling, but lacking sustained momentum. The daily chart has again closed with a small bearish candle, indicating that the overall market rhythm is still dominated by bearish sentiment, with weak rebound strength and repeated pressure on the upside. The four-hour trend shows a pattern of oscillating downward, with brief rebounds during which bears quickly regained control, indicating that selling pressure remains heavy, and a strong reversal is unlikely in the short term. It is crucial to pay close attention to the defense of key support levels below; if they continue to be breached, it could further open up downward space. The current trend is relatively slow, and we will operate around the range: buy on retracements and short on rebounds. Operating around the range #BTC走势分析 .