The early session continues the trend from yesterday, with a rebound and attempt to test the high point resistance in the early hours. After the market opened, it continued to decline, currently retesting around 69,300 with sideways movement. The key focus for the day is whether the support structure near the bottom at 69,000 can hold and whether it can continue to rebound from the lows. Ethereum remains under pressure, falling back from the 2080 level, with the price testing around 2025 for sideways movement.



From the current chart, the daily structure shows three consecutive bullish candles pushing higher but still under the downward trendline. Resistance above is strong, with four attempts to break through but failing. Yesterday's close formed a doji star pattern. Today, a certain increase in volume is expected. Resistance above is clear, and the daily candle remains under pressure. If the short-term support breaks, a new round of volume-driven adjustment will follow. On the four-hour chart, a double-top pattern has formed in the short term, with the price testing support strength twice. The candle retested the midline twice and is currently supported by the short-term support and the midline. A break below these levels could signal a trend reversal.

Bitcoin continues to trade within the range of 69,000 to 70,000 in the daytime session, with stop-loss for long positions at 68,600. For altcoins, refer to the 2020-2070 range for positioning, with stop-loss for long positions at 1990. #3月CPI数据出炉 $BTC $ETH
BTC-0,64%
ETH-0,09%
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