On the four-hour chart, stimulated by market news, prices surged higher at one point, but bullish momentum quickly weakened, with overnight prices retreating to the 68880 level. Current price action shows a narrow-range oscillation pattern with alternating bullish and bearish candles. This round of rebound is merely in the category of technical correction, and the short-term rebound has essentially ended.
Bitcoin around 71000 looking toward around 69500 Ethereum around 2180 looking toward around 2120
3.25 Wednesday Bitcoin Ethereum Morning Analysis
On the four-hour chart, stimulated by market news, prices surged higher at one point, but bullish momentum quickly weakened, with overnight prices retreating to the 68880 level. Current price action shows a narrow-range oscillation pattern with alternating bullish and bearish candles. This round of rebound is merely in the category of technical correction, and the short-term rebound has essentially ended.
Bitcoin around 71000 looking toward around 69500
Ethereum around 2180 looking toward around 2120