The current market has returned to that familiar consolidation rhythm. Bitcoin is oscillating around the 90400 to 90800 range, with volatility noticeably compressed, leaving little room for operation. The same pattern applies to Ethereum, which is range-bound between 3080 and 3102 during the day, with the evening volatility narrowing to within 10 points, making it essentially untradeable.

From a technical perspective, the four-hour chart has entered a convergence and consolidation phase, with the Bollinger Bands narrowing. Trading volume has not provided a clear signal, and the market lacks a directional cue. On the hourly chart, the candlesticks show a typical alternating narrow-range consolidation pattern, with Bollinger Bands continuously compressing, indicating that the bulls and bears are in a short-term weak equilibrium. The market is using time to exchange for space, accumulating energy and momentum before a breakout.

The recommended approach at this stage is to wait and not be impatient due to the oscillation. Enter only after a clear breakout signal appears, which can effectively avoid being trapped during the consolidation phase.

Operational reference: Bitcoin faces resistance around 91000 and looks for a pullback to 90000; Ethereum faces resistance near 3120 and looks for support at 3060.