The current market shows a broad sideways trend, with Bitcoin and Ethereum both exhibiting decreasing volume and oscillating in a consolidation pattern. Bulls and bears are fiercely battling within a narrow range, repeatedly testing the patience of traders holding positions. Bitcoin attempted to push higher in the morning, reaching a high of 68,887, but quickly retreated to around 68,100 for consolidation. It has remained above the 1-hour Bollinger Band middle line at 67,847, although it has not broken through the upper resistance at 68,293. The pullback is limited, indicating strong support below. Ethereum's movement is relatively flat, fluctuating around 1,960. Multiple tests of the lower band at 1,949 have been supported and bounced back. Although there is resistance at 1,973, selling pressure has not intensified, and there are no signs of panic selling in the market. Overall, the market is in a healthy correction phase within an uptrend, with declining volume mainly cleaning out short-term traders. The bullish structure remains intact.

In the current chart, Bitcoin's 1-hour Bollinger Bands are beginning to tighten, with the middle band at 67,847 serving as a key short-term support. The price has stayed above the middle band, indicating that bulls still hold the initiative. The RSI has fallen to 55.7, pulling back from overbought territory and gathering strength again. The MACD signal lines are converging, showing signs of a golden cross, suggesting the correction is nearing its end and an upward breakout could happen at any time. The upper resistance at 68,293 is a short-term barrier; a volume breakout could target the previous high of 68,800. Ethereum also shows signs of stabilization, with the 1-hour Bollinger lower band at 1,949 tested multiple times without breaking below. The RSI lines are turning upward between 52-54, indicating bulls are attempting to mount a counterattack. The current price is above the middle line at 1,961. If it can hold this level, the next target will be the upper band at 1,973 and the 2,000 level. Overall, dips are good opportunities for layout, and traders should continue to look for buying on pullbacks. #美伊局势影响 $BTC