$ETH 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, subsequently starting a corrective trend. The price of Bitcoin reached a peak of 119,812 at the start of the week but faced resistance, as we previously analyzed, the longer it consolidates sideways, the more likely it is to lead to larger fluctuations. Indeed, after the weak upward momentum, the price experienced a strong correction, dipping to a low of 111,850 and fluctuating. Ethereum's trend mirrored this, reaching a high of 3,940 at the beginning of the week before facing downward pressure, and during the correction, it dropped to a low of 3,353, completing a phase of adjustment.

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

From the current market perspective, the daily chart still shows a bearish trend, with multiple long lower shadows indicating that buying pressure is relatively active below. The four-hour chart has shown three consecutive bearish candles, indicating signs of weakness in the bears, with upward space opening up, yet the overall market trend remains weak, and the downward risk still exists. On the hourly chart, the price is under pressure below the middle band, and in the short term, it has faced resistance around 115,000, forming a long upper shadow which indicates strong support and pressure at this level. For the future market direction, we should adopt a low-buy approach. #美国加征关税 #加密市场回调 #美国初请失业金人数