Within a 1-hour cycle, after experiencing a rapid decline last night, it reached a key support level. The buying power in this area has effectively absorbed the selling pressure, and the current market is entering a stage of consolidation. The market shows a regular alternating pattern of small declines and small increases, with the amplitude of fluctuations continuing to narrow. The characteristics of horizontal market competition are extremely prominent, and the forces on both sides are temporarily balanced. Market volume is gradually shrinking, and the overall situation is trapped in a phase of adjustment.

In the current sluggish and volatile market environment, it is recommended that everyone maintain rational judgment and sufficient patience, abandon a mentality of seeking quick gains, in order to maintain a steady operating rhythm. After the trend direction becomes clear, one can make precise arrangements to effectively avoid potential risks brought about by ineffective trades. $BTC $ETH