Bitcoin's white plate remains in a state of oscillation and adjustment. Bitcoin and Ethereum have not yet broken out of their downward momentum. Overall, the market is still in a consolidation phase characterized by sluggish trading volume. Currently, Bitcoin is holding around 71,000 after testing lows, and Ethereum is consolidating near 2,180.

From the current chart, the four-hour timeframe still shows a high-level consolidation with a downward oscillation structure. The recent pullback has formed some lower shadows, indicating relatively strong support levels. The pullback has encountered resistance, but after reaching the bottom, there was no further upward movement. It is still under pressure at the 71,000 level. On the indicators, the MACD is at a high level with a risk of a death cross, and the three-line KDJ has already formed a death cross. The market is currently in a weak correction phase after sideways consolidation. After building momentum, patience is needed for a bearish breakout. In terms of trading strategy, continue to focus on high short positions.