Looking back at this week's overall movement of Bitcoin and Ethereum, both experienced a pattern of initial upward exploration followed by consolidation. Bitcoin started the week by gradually rising from a low around 64,900, breaking through short-term resistance levels consecutively, with a high reaching near 69,288. After approaching the 70,000 mark, it faced resistance and pulled back, quickly retesting around 66,500 before consolidating sideways around the 67,000 area. Overall, it remained within a range, repeatedly fluctuating without forming a sustained trend. Ethereum followed the same rhythm, rebounding from about 1,936, reaching a weekly high of 2,167, then encountering significant selling pressure at higher levels, pulling back to above 2,030, and stabilizing around 2,050. From the weekly perspective, both assets showed a pattern of rising in the first half and digesting gains in the second half. After the high-volume selling pressure was released, the market entered a phase of oscillation and correction. The overall structure was not broken, and the trading center remained above the weekly midpoint.

In terms of structure, this week saw high participation from both bulls and bears. The market adjusted its rhythm in response to structural changes, despite experiencing minor stop-losses and short-term fluctuations, the overall execution remained stable. Bitcoin repeatedly switched between long and short positions around key resistance and support zones, accumulating nearly 8,000 points of movement. Ethereum relied on key ranges for repeated participation, gaining about 300 points during the week. In a volatile market, the real test is not a single judgment but the ability to switch rhythm and control positions smoothly. Especially during sharp rises and falls at high levels or rebounds at lows, maintaining clear directional shifts without hesitation is crucial to capturing effective gains. Although the market did not trend unilaterally throughout the week, structural analysis and disciplined execution turned limited fluctuations into relatively substantial results.

Looking at the current structure, Bitcoin’s hourly Bollinger Bands are tightening again, with the middle band rising to around 67,050. The short-term trend has returned above the middle band, with the MACD green bars shrinking and the two lines turning upward at the lows, indicating that the bulls are regaining momentum in the short cycle. If 67,000 can hold steadily, the next targets are around 67,800 to 68,200, with further resistance near 68,500. Therefore, the trading strategy should mainly focus on long positions at lower levels, considering partial entries around 66,500-66,800, with a stop-loss near 66,000. For Ethereum, 2,050 has become the current short-term strength/weakness dividing line. The 2,030-2,040 zone is the main support on the hourly chart. As long as this area holds, a continued rebound toward 2,080-2,100 is expected. Looking at Bitcoin’s weekly chart, although there was a long upper shadow, the real body remains firmly above the mid-to-high levels, indicating that the large-scale buying interest has not exited. The monthly chart also remains above the key midpoint, suggesting the overall trend is still leaning toward strong consolidation. Ethereum’s weekly chart also did not break below previous key support levels, maintaining a recovery structure on a larger scale. Therefore, early next week, the preferred approach is still to focus on long positions at lower levels. #加密市场行情震荡 $BTC