Reviewing the early trading session, as the price retested near 68100 in the early hours, a technical correction and rebound occurred. The price briefly recovered to around 69400 before facing resistance and pulling back. In the morning, it remained around 68800 with sideways fluctuations. Both the rebound and pullback did not have significant volatility, and overall, the market is still consolidating within a range.

Regarding Ethereum, it rebounded to around 2075 in the early session but faced resistance. Currently, it is fluctuating around 2060 for adjustment. During the day, the focus remains on short-term trading, with high-position shorts still advisable to hold for further downside.

From the current chart, the four-hour timeframe shows the price oscillating near the lower Bollinger Band. The white session is characterized by range-bound consolidation, not significantly opening up the current situation. However, as the price declines, the Bollinger Bands are beginning to show signs of opening. The MACD has formed a dead cross and fallen below zero, indicating that the bearish trend still has room for a retest. The key support remains around 68000, and the price is also staying at the lower boundary of the upward channel. If a substantial breakdown occurs, there is potential for further deep correction. During the white session, the market will likely remain in a consolidation structure.

For Bitcoin, expect range-bound consolidation between 68000 and 69500, mainly focusing on short positions. Traders can consider shorting at 2065-2080, targeting around 2000. #加密市场回调 $BTC $ETH