$BTC 4.1 Bitcoin and Ethereum Market Analysis and Trading Suggestions for the Midday

Recently, the daily chart remains in a wide-range oscillation zone between the lower band and the middle band. Although there have been two consecutive bullish rebounds, the price is clearly facing resistance at the middle band, and the upward momentum has not been able to continue. After the rally weakens, a short-term pullback and consolidation are expected.

From a short-term perspective, after the previous persistent unilateral decline, the market has returned to a pattern of alternating between bullish and bearish movements. The recent trend has become clearer: upward moves lack sustainability and tend to retreat upon encountering resistance; downward moves are also difficult to extend, and lows often trigger rebounds. The frequency of bullish and bearish switches is increasing, and stubbornly trading in a single direction can easily lead to passive positions.

Although the market has attempted to push higher multiple times, it has not been able to establish a solid footing. The middle band continues to act as a strong resistance, indicating that the upward foundation is not yet firm. Without sustained driving force, the market is likely to undergo a wave of pullback and correction to digest the rebound momentum and prepare for a new directional move.

Therefore, it is not advisable to chase long positions. In the short term, it’s better to adopt a pullback approach, patiently wait for the price to test key support levels and show signs of stabilization, then consider entering long positions based on market conditions. At this stage, rhythm is more important than direction; a cautious approach is preferable to an aggressive one. #加密市场普遍上涨