BTC's daily line yesterday closed with a small pin bar bullish candle, indicating a weakening of upward momentum. The retracement in the early morning was limited, and the current market is more likely to enter a consolidation phase.

In the short term, there won't be a rapid breakdown, but it will also be difficult to return to the previous low points. It is expected to maintain narrow fluctuations within the existing range.

Although ETH had a rebound yesterday, it failed to break through the key resistance at 2520, subsequently retracting to around 2380.

Overall, this round of rebound is mainly driven by BTC, while other mainstream cryptocurrencies have shown weak follow-up, especially ETH which failed to experience a significant rebound.

If BTC breaks down this time, the market will face another bloody storm. $BTC #上市公司山寨币财库