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$BTC 4.8 Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions
In the afternoon and the subsequent market, although the pace has slowed down, the overall structure has not weakened. Currently, the bulls are gradually accumulating volume and entering a consolidation phase. While the space appears limited, it is actually a necessary buildup stage during the upward movement. The key point is that the trend is slow rather than loose—this "slow rise" is often more sustainable and better at testing the bulls' capacity to support the trend.
From the four-hour timeframe, the retracement strength is clearly weak, with each dip quickly recovered. The lows are gradually rising, and the oscillating upward pattern remains intact. This indicates that even if the consolidation continues, the bulls still hold the initiative. In terms of follow-up strategy, focus mainly on buying at low levels: observe whether the retracement holds above key support zones, and consider light long positions to play for continued upward movement. At the same time, be aware that if the price effectively breaks through recent consolidation highs, it can be followed to ride the trend and look for new space to open.
Of course, while the rhythm leans bullish, flexibility must be maintained. When the price encounters obvious resistance and volume stagnates, consider short-term short positions to respond, capturing the elasticity during pullbacks. Overall, the current pattern remains a bullish consolidation, with the key not being the direction but the timing and rhythm of entries. In the afternoon and evening, continue to focus on buying on dips and shorting at highs, patiently waiting for the market to become clearer. #加密市场回升