From the four-hour chart perspective, Bitcoin is currently in the retest phase after breaking out. Since the peak at 74046, the price has been pulling back, forming small doji and small bullish candles consecutively, but it remains above the middle band of the Bollinger Bands. The moving average system maintains a standard bullish alignment; although short-term moving averages show signs of flattening, the medium-term moving averages are still diverging upward to form support. The upper band of the Bollinger Bands is slightly narrowing, indicating that the momentum after a sharp rally is transitioning into sideways consolidation. According to Fibonacci retracement, the current price is trading above the 23.6% retracement level at 71434, which is characteristic of a strong correction. As long as this area holds, there is still potential for an upward test of the previous high after consolidation. The upward channel remains intact, with the structure of higher lows unchanged. The current oscillation is just a buildup, not a trend reversal. #加密市场上涨 $BTC $ETH

BTC1,69%
ETH2,97%
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