The overall market has been under pressure since this morning, facing resistance at 73,500. During midday, it dipped back to around 72,000 but was again met with resistance. This pullback near 72,000 confirms a short-term obstacle. This is a phase that tests everyone's patience, as the short-term trend is likely to further consolidate within a range. This kind of movement is the most testing for patience—those holding positions feel uncomfortable not moving, while those wanting to enter fear the entry point is awkward. In fact, the market manipulators want this effect—to keep everyone in an uncomfortable state. Once traders can't stand it anymore, the true direction will emerge.



From the one-hour chart perspective, Bitcoin is currently in a consolidation phase after a breakout. After pulling back from the high of 74,046, the price has been forming small bullish and bearish candles but remains above the middle band of the Bollinger Bands. Although the moving averages are somewhat converging, the mid-term moving averages are still diverging upward, providing support. The upper Bollinger Band is slightly rising, indicating a strong sideways consolidation within a bullish zone. It's important to note that the current price repeatedly tests around 72,500. The key resistance remains at 74,000, while the short-term support is around 72,000-72,300. The MACD on the one-hour chart shows the fast and slow lines pulling back from high levels, with increasing green momentum bars, but overall still above the zero line, indicating a short-term correction rather than a trend reversal. This kind of movement often signifies a buildup phase; after consolidation, there is still potential for upward testing of resistance. For this structure, more patience is wiser than frequently changing directions.

Bitcoin can be accumulated around 72,000-72,300, with targets near 73,500-74,000. Altcoins can be accumulated around 2100-2120, with targets near 2180-2200. #加密市场上涨 $BTC $ETH
BTC2,73%
ETH3,84%
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