The current market has once again entered a phase of local consolidation. Yesterday's pullback has basically returned the previous upward space, and the price is currently trapped in a short-term oscillation pattern, making it difficult to quickly initiate a new directional breakthrough. This pattern causes the short-term trend to lack clear continuation signals and can only be viewed as a range oscillation during the washing process. From a structural perspective, the price remains below the key middle track support, and the overall pattern still leans weak.
The 4-hour level shows that the market is still in a corrective consolidation phase within a downward trend, which also leads to unclear bullish and bearish directions today. The price is gradually stabilizing around 85500, and future attention should focus on the breakout situation of the upper pressure level. If it can effectively stabilize above the pressure, then it can be considered to follow the trend for operation.
In the afternoon operation, Bitcoin can arrange short positions around 85800-86300, targeting below 84500; Ethereum can focus on short opportunities around 2955-2975, targeting near 2830. $BTC #美联储降息


