$BTC $ETH From a technical perspective, Bitcoin's daily chart shows a long upper shadow, indicating some selling pressure at high levels. On the 4-hour level, the MACD green bars are continuously narrowing, and the DIF and DEA are gradually approaching the zero axis. If a golden cross structure can form, it may trigger a phase rebound; otherwise, the market may continue its oscillation pattern. Ethereum's 4-hour MACD has already shown a death cross and is diverging downward from the zero axis. Although bearish momentum continues to be released, the RSI is nearing the oversold area, indicating a weakening of downward momentum, and short-term downward pressure has not been completely lifted.

Overall, the market is about to engage in a new round of game around interest rate cut expectations and other fundamental benefits, along with technical repair. Currently, Bitcoin's price remains firmly above the previous support area, and the medium-term structure has not been broken, still maintaining a bullish outlook.