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The afternoon market showed minimal overall fluctuations. Bitcoin explored higher in early trading before retracing, maintaining its price ratio above 71,000 through oscillation without showing further decline. Ethereum adjusted during midday, with its price ratio falling below the 2,100 level, testing lows near 2,080 before bouncing. Currently, the support level has shifted higher, and the trend remains bullish.
From a four-hour chart perspective, the K-line is firmly above the moving average, with the moving average structure showing a bullish divergence arrangement. After exploring highs, the price ratio is consolidating near the upper band, with the market adjustment showing a pattern of time exchanged for space. From today's short-term structure, the price ratio retraced to the 71,000 level without showing further retracement signals, indicating signs of a bounce-back rally from bottom. Focus on the support at 70,800 as the bottom support level—as long as the bottom support holds, the bullish structure remains intact. For Ethereum, the key bottom support is at the 2,080 level, the previously resistant high point from the rebound. As long as subsequent market pullbacks don't break this level, the overall uptrend remains solid.
Bitcoin can go long around 71,000, targeting around 72,600. Ethereum can go long at 2,080-2,100, targeting 2,150-2,200. #加密市场上涨 $BTC