The overall market performance today was relatively weak. Bitcoin and Ethereum experienced a rally and then entered a range-bound consolidation phase. From the candlestick position, the price is still hovering around yesterday's bullish cost line, but the upward trend structure has already formed, which often indicates that there is still upward momentum to come.



Based on the evening trend, another round of extension is expected. If you hold long positions, there's no need to operate too frequently; patience and holding are the better choices. The key is to defend the long position costs established yesterday and wait for the potential breakthrough opportunities in the evening.

Such oscillation and consolidation in the market are often a buildup process. As long as the support level is not effectively broken, the logic of continuing to hold long positions remains valid. Moving forward, close attention should be paid to the trading volume and price breakout situations in the evening, as these will determine the subsequent direction.
BTC0,05%
ETH1,31%
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CryptoSurvivorvip
· 7h ago
I've heard the phrase "gathering momentum" too many times, but the result? No movement in the evening either. Should it fall or keep falling?
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SerumDegenvip
· 7h ago
ngl this "structure forming" copium hits different when you're already down 40% from ath... support holds until it doesn't, we all know how this movie ends
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zkProofGremlinvip
· 7h ago
It's the same old story of accumulation theory again. Why do I feel uneasy about the evening rally?
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RektCoastervip
· 7h ago
Are you building up momentum again? Just listen, anyway, I'm the easiest to fall for scams like this during times like these.
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StableNomadvip
· 7h ago
ngl this "consolidation is accumulation" narrative reminds me of UST in May—we all thought it was basing too. statistically speaking, support holds until it doesn't, and the risk-reward here isn't exactly screaming conviction. but sure, theoretically if volume confirms the breakout tonight... not financial advice but i'd rather watch the premium/discount ratio than pray for late-night pumps
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