10.13 Evening Market Observation | In a narrow range of fluctuations, how to choose a direction?

After the afternoon pancake touched around 115,500, it failed to form an effective upward movement and subsequently entered a narrow consolidation range between 114,500 and 115,500. From the 4-hour structure, after retreating from the previous high, it is overall showing a converging pattern, and the current price is running around 115,000, close to the key area above.

From the perspective of momentum performance, there has recently been a rhythm of "rebound with shrinking volume and pullback with increasing volume". In the afternoon, it also failed to stabilize above 116,000. Multiple attempts to move upwards have been unsuccessful, indicating that the current buying power has weakened. The sideways consolidation is more inclined towards a phase of accumulation, and attention should be paid to the subsequent directional choice.

The second coin is also in a震荡格局, failing to follow the first coin for an effective rebound. Structurally, it presents a "second test of the previous high" pattern, and overall momentum has slowed down.

Reference for operation ideas:
Bitcoin: Pay attention to opportunities around 114,400-114,600, looking towards around 113,000.
Two cakes: focus on opportunities around 4130-4150, looking towards around 4000.

The market is still consolidating, and it is recommended to operate with a light position while paying attention to risk control.

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