$BTC This week's market has come to an end, let's review the trends of this week: At the beginning of the week, the market attempted to break the 120,000 mark but failed, and subsequently entered a correction phase. The price of Bitcoin reached a high of 119,812 at the beginning of the week but encountered resistance and pressure, just as we previously analyzed; the longer the sideways consolidation lasts, the more it often breeds larger fluctuations. As expected, after the upward momentum weakened, the price of Bitcoin experienced a strong correction, dipping to a low of 111,850 and fluctuating around that level. Ethereum's performance was similar, peaking at 3,940 at the beginning of the week before falling back under pressure, with a low of 3,353 during the correction, completing a phase of adjustment.

This week, we captured a total of 11,348 points in Bitcoin and 708 points in Ethereum.

Current market conditions show a bearish trend on the daily chart, with multiple long lower shadows indicating that buying interest from below is relatively strong. The four-hour chart has produced three consecutive bearish candles, showing signs of weakness in the bears; the upper space has opened up, but the overall market trend remains weak, and downside risks still exist. On the hourly chart, the price is under pressure as it moves down from the mid-line, with a short-term price touching around 115,000 facing pressure, forming a long upper shadow indicating strong support and resistance at this level. Our strategy for the subsequent market will be to adopt a low-buy approach. #加密市场回调 #美国加征关税 #以太坊十周年