The morning phase Bitcoin (BTC) moved around the high-level range, with the market gradually raising its center of gravity after repeatedly consolidating around 78,000. The upward move peaked near 79,450 but faced resistance. Although there was a pullback, the overall structure remained relatively strong; subsequent attempts to push higher repeatedly failed, and the buying momentum weakened. Selling pressure gradually eased, and the market shifted from a high position into a continuous downward trend. After breaking below key support, it accelerated downward, with the low point retracing to around 77,400 before signs of stabilization appeared. The overall trend then entered a low-range consolidation, with the center of gravity clearly shifting downward. Ethereum (ETH) moved in sync, initially oscillating upward around 2,360, reaching above 2,400 but facing resistance. It then followed Bitcoin into a continuous decline, with the low point retracing to around 2,307. Currently, ETH remains in a sideways consolidation at low levels, with the overall rhythm consistent with Bitcoin, both showing a transition from strength to weakness.

From the current market structure perspective, Bitcoin’s four-hour chart shows a clear stagnation pattern formed in the previous high-level zone, with multiple attempts to push higher failing to continue. The candlesticks gradually shifted to a predominantly bearish (closing lower) arrangement, and the price has fallen back below the short-term moving average system, indicating that selling pressure above has begun to dominate the market. Structurally, the market has shifted from a strong phase to a relatively weak operation. The key resistance on the four-hour chart is concentrated around 78,500, which is both a dense consolidation zone and a resistance level after a breakdown. If the rebound cannot stabilize above this level, the bearish structure will continue. Support below is at around 77,400; if this level is broken again, the four-hour chart will further open downward space. On the one-hour cycle, the market is in a low-level sideways consolidation, with a weak rebound rhythm and successive lower highs, typical of a weak correction structure. Short-term rebounds are more likely to serve as secondary entry points for bears. Ethereum’s four-hour chart also shows a weakening pattern after failed attempts to rise, with resistance around 2,350. The one-hour rebound lacks continuation, and the structure remains weak. Overall, the current market has completed a rhythm shift, with a clear trading strategy focused on shorting, prioritizing waiting for rebounds to the four-hour resistance zone for phased short entries. #比特币突破7.9万美元 $BTC