$ETH This week's market situation is coming to an end. Let's review this week's trends: 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. As we analyzed earlier, the longer the sideways consolidation lasts, the more it often breeds larger fluctuations. Indeed, after struggling to gain momentum, the price of Bitcoin underwent a strong correction, dipping to a low of 111,850 and fluctuating in that range. Ethereum's trend followed suit, rising to a high of 3,940 at the beginning of the week before retreating under pressure, with the lowest point hitting 3,353, completing a phase of adjustment.

This week, we gained 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 from below is relatively active. The four-hour chart has already shown three consecutive bearish candles, indicating signs of weakness in the bears, with upward space opening up; however, the overall market trend remains weak, and the risk of decline still exists. On the hourly chart, the price is under pressure and moving down towards the midline, with short-term prices encountering resistance around 115,000, forming a long upper shadow, indicating strong support and resistance at this level. Our strategy for the future market is to focus on buying on dips. #美国加征关税