On Tuesday, the overall market also concluded its performance. During lunch, Bitcoin's price strongly tested the low line of 108559 before giving a slight rebound. In the evening, the overall market saw a slight increase and pump, but there was no continuation. On the contrary, after a quick rise, it rapidly returned with a bearish candle. Ethereum strongly retreated to the low line of 4310 in the morning, and during the day, the coin's price showed a gradual upward trend. During the day, our Bitcoin strongly gained 1506 points of space, while Ethereum's trend gained 60 points of space.

Observing from the 1-hour chart, the price is showing a pattern of alternating small bearish and bullish candles below the middle band of the Bollinger Bands, indicating a consolidation phase. The K-line structure lacks clear directional momentum and exhibits characteristics of narrow-range consolidation. However, it is important to note that the overall operating framework is still within a descending channel, and the trend structure has not fundamentally changed. Based on cyclical patterns, this round of consolidation is essentially a momentum correction within the previous downtrend. As the consolidation period gradually exhausts, after the price breaks through the current oscillation range, the probability of continuing the original downtrend and further testing key support levels is significantly higher.

Bitcoin: Short at 110500 Target 108500
Ethereum: Short at 4520 Target 4420#加密市场回调