Based on the four-hour chart, after the price consecutively formed doji candles, a large bearish candle quickly dropped to near the midline. Currently, the price is oscillating with mixed bullish and bearish candles, trading around the midline in a low-range sideways consolidation. The four-hour chart overall remains in a slow upward consolidation phase, with bulls and bears still in a state of ongoing tug-of-war. Until there is a clear change in the Middle East situation, we will continue to watch for the further extension of this sideways pattern.

In the short-term hourly chart, the price has fallen five consecutive times, dropping quickly below the lower band, then rapidly recovering most of yesterday’s slow upward movement. Afterwards, the price entered a low-range sideways consolidation, with a series of long lower shadows forming a preliminary W double-bottom pattern. The KDJ indicator shows signs of a golden cross and divergence upward. In the short term, we expect the price to rebound after hitting bottom, mainly adopting a high short position today.

Early, Bitcoin is around 67,500-67,800, targeting 66,000-65,000.
Ethereum is around 2,050-2,070, targeting 2,000-1,970.

The above analysis is based solely on technical logic by Sister Lin and does not constitute investment advice. The market carries risks; please trade cautiously. #比特币btc #以太坊eth