5.4.BTC.ETH. Midday Highlights

The current trend is somewhat weak. After breaking the bottom of the consolidation range yesterday, it is currently reconstructing a consolidation structure on the 4-hour level. Today, pay attention to the lower edge of the range at 96500; as long as it does not effectively break, there is still rebound potential in the short term. Once it loses this level, it is likely to continue to decline. Within the horizontal structure, we look at the top and bottom; without a breakthrough, it is likely to continue in a range-bound oscillation. Pay attention to the positions of 94300, 93000, and 91800; if these positions can be touched, they are more cost-effective layout areas. Of course, whether it can reach there still depends on the intensity of the main force's attack, and there are also some short-term supports above.

For Bitcoin today, pay attention to the position of 96450, which is the top of the current 4-hour consolidation zone. Only if it stabilizes above this position can we expect to end the current adjustment and restart the upward pace. Resistance is seen at the intervals of 97300, 97870, and 98500.

If it cannot stay above 96450 today, the adjustment trend will continue. First, we will see if 958 can hold; if it loses this level, look down to the intervals of 95000, 94100, and 92850.

Last night, Ethereum quickly rebounded after breaking the first support. Currently, it seems that there is still a willingness to counterattack. Today, pay attention to the line at 1835; only if it stabilizes above this position can we consider the pullback to be over, with a hopeful continuation of the upward rebound. The upper pressure is referenced at the intervals of 1852, 1870, and 1905. If it cannot effectively stabilize above 1835, it will maintain a low-level consolidation or even continue to decline, with lower support to pay attention to at the intervals of 1815, 1790, and 1760.