The 4-hour chart of the pie has significantly crossed the long-short divide, with the typical confirmation of a pullback. In a more detailed 1-hour time frame, the market quickly jumped to above the 10W level after experiencing an orderly adjustment within the 96 to 98 range. However, this upward momentum failed to sustain as trading volumes failed to follow suit, and the market subsequently experienced brief volatility and retreated yesterday, even breaking below previous smaller support areas.

In the short term, the market may once again test the previous low support on the 4-hour chart, with the 91500 area becoming the current focus.

As for Ethereum, its consolidation phase at the 1-hour level is relatively long. Despite the gains over the weekend, the upward slope did not strengthen significantly, indicating a modest upward trend. However, as the price approached the previous high near 37 on the 4-hour chart, it encountered resistance and fell straight below multiple previous support levels.

Currently, Ethereum has returned to the volatile consolidation range last week. There are two possibilities for future trends:

First, the market may maintain narrow fluctuations within the current level and wait for the moving average system to level off before gradually testing the pressure area above;

Second, new market driving factors may emerge, leading prices to a new trend. Therefore, investors need to keep a close eye on market dynamics and flexibly adjust investment strategies according to actual conditions. $BTC $ETH #加密市场回调 #DeFAI热点 #BNB纳入不丹GMC加密战略储备 #市场调整策略 #本轮牛市周期预期