$BTC fluctuated slowly yesterday, rebounding to the highest point of 95407. After touching the upper pressure level of the range high again, it opened and fell in the early morning after the evening trading was stuck at a high level.
$ETH also goes out of the same pattern, but the oscillation space is slightly smaller, and it is constantly pulling at the high level of the 1700-1850 range, making the solid column appear fuller;
Judging from the 4-hour chart, since the recovery, the currency price has continued the volatile pattern last week. There is no breakthrough in the upward trend and no downward trend. In the recent market, without significant news and macro narrative support, it has shown typical range consolidation characteristics.
The large-level bull trend in technical structure has not changed, but the short-term momentum is insufficient, resulting in limited intraday fluctuations. Keep high selling and low buying strategies in operation,
Today, Wednesday, with data release, it will break the calm of the market. Is it good news to encourage the market to break through resistance or negative news to trigger a pullback test support? Let us quietly wait for the arrival of the market. Without the market, reducing operations and reducing the probability of making mistakes is the most important thing now.
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