$WBTC /ETH is holding traders on edge as the 4H chart shows a powerful rebound from the 28.14 low, followed by a sharp impulse move that peaked near 30.56 before cooling off into a tight consolidation around 29.59, suggesting the market is catching its breath after strong volatility. Price remains above the recent support zone near 29.45 while failing to break higher resistance near the 30.15–30.60 range, signaling a classic pause that often precedes the next decisive move. Volume has tapered off after the surge, indicating reduced selling pressure, while short candles show equilibrium between buyers and sellers. If buyers step in with momentum, a retest of the 30+ zone is likely, but a slip below 29.45 could drag the pair back toward the 29.00 region, making this compression phase a critical moment where the next breakout or breakdown could define the short-term trend.

WBTC
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