From the morning trend, Bitcoin is generally fluctuating around the vicinity below 74,000, with multiple dips touching the low point at 73,669 but failing to effectively break below the support level. Subsequently, in the forenoon, the focus gradually shifted upward, forming a stepwise upward structure; in the afternoon, the bulls gained momentum, continuously breaking through previous high resistance zones, reaching a peak near 75,500 before quickly retreating. Short-term bulls took profits clearly, but soon retraced back to around 74,800. Ethereum's movement is basically synchronized with Bitcoin, stabilizing around 2,250 in the morning, then rising with volume in the afternoon, reaching above 2,330 at the highest, followed by continuous pullbacks, currently consolidating below 2,300. Overall, the intraday market rhythm is very clear: first a low-position consolidation to gather strength, then a release of upward momentum in the afternoon, and finally a correction phase after the surge.
From the market structure perspective, the 4-hour level Bitcoin remains in a relatively strong oscillating structure. The current upward move from the low point has not broken the trend, but there is obvious resistance around 75,500, and the retracement after the surge is relatively large, indicating genuine selling pressure above. The key area to watch below is the 74,500–74,200 zone, which is both the retest zone of the current upward structure and a short-term dividing line between bulls and bears. If it breaks below, the structure will shift to high-level oscillation or even a decline correction; if it stabilizes and strengthens again in this zone, bulls still have room for a second upward attempt. Ethereum's structure is similar, with resistance above 2,330 forming a top, and support still focused around 2,260. Considering the current rhythm, it is more inclined to see a short-term pullback correction first, then decide the direction, so the trading approach remains bullish, and since both assets have reached the target entry points at high levels, they can be positioned accordingly.
From the morning trend, Bitcoin is generally fluctuating around the vicinity below 74,000, with multiple dips touching the low point at 73,669 but failing to effectively break below the support level. Subsequently, in the forenoon, the focus gradually shifted upward, forming a stepwise upward structure; in the afternoon, the bulls gained momentum, continuously breaking through previous high resistance zones, reaching a peak near 75,500 before quickly retreating. Short-term bulls took profits clearly, but soon retraced back to around 74,800. Ethereum's movement is basically synchronized with Bitcoin, stabilizing around 2,250 in the morning, then rising with volume in the afternoon, reaching above 2,330 at the highest, followed by continuous pullbacks, currently consolidating below 2,300. Overall, the intraday market rhythm is very clear: first a low-position consolidation to gather strength, then a release of upward momentum in the afternoon, and finally a correction phase after the surge.
From the market structure perspective, the 4-hour level Bitcoin remains in a relatively strong oscillating structure. The current upward move from the low point has not broken the trend, but there is obvious resistance around 75,500, and the retracement after the surge is relatively large, indicating genuine selling pressure above. The key area to watch below is the 74,500–74,200 zone, which is both the retest zone of the current upward structure and a short-term dividing line between bulls and bears. If it breaks below, the structure will shift to high-level oscillation or even a decline correction; if it stabilizes and strengthens again in this zone, bulls still have room for a second upward attempt. Ethereum's structure is similar, with resistance above 2,330 forming a top, and support still focused around 2,260. Considering the current rhythm, it is more inclined to see a short-term pullback correction first, then decide the direction, so the trading approach remains bullish, and since both assets have reached the target entry points at high levels, they can be positioned accordingly.