All day long the market consolidation, Bitcoin overall oscillating repeatedly around high levels. During the day session, it once probed above 71,000, then faced pressure and fell back to around 70,500. In the evening, it rebounded again, with the price consistently staying above the 70,000 level, indicating strong support below. Ethereum followed suit synchronously, touching around 2,100 during the upward phase before pulling back. After falling to 2,060, it stabilized again. While daily volatility wasn't extreme, the overall rhythm remained within a high-level consolidation range. The most notable feature of intraday market action was that after rallying higher, there was no obvious volume-driven selloff. Instead, chips were accumulated through repeated repositioning, suggesting that dominant funds are still maintaining the market structure. Short-term sentiment is cautious, but there are no clear signs of weakness overall.

From current chart analysis, Bitcoin is still maintaining a long-biased consolidation pattern at the 4-hour level. After the earlier continuous rally, it entered horizontal correction. While highs haven't been broken through yet, lows are continuously rising, indicating strong support intentions during pullbacks. The chart shows typical strong accumulation structure rather than a reversal to bearish. On the 1-hour level, multiple pullbacks haven't formed effective breakdowns. Instead, wave amplitudes continue to compress within oscillations. This convergence structure often signals directional selection to come, currently leaning more toward continuing upward with the trend. Ethereum's overall pattern is consistent with Bitcoin. Although rebound strength is slightly weaker, support below remains stable, suggesting funds are still waiting for catch-up gains. The subsequent operational approach continues to focus on low-entry longs. The current chart's core remains long accumulation amid consolidation. As long as the structure isn't broken, there remains further upside potential. #Gate2月衍生品市场份额创新高 $BTC