You can see that after Bitcoin explored the 72,000 level this morning, it came under pressure and retraced again, but the overall pullback was limited. The market did not break below 70,000 again, instead continuing to consolidate around the 71,000 level. This position, which was repeatedly contested earlier, has gradually shifted from resistance to support. Currently, it's basically stabilized above this zone, indicating that buying interest at higher levels still exists. Ethereum followed with a synchronized retracement, mainly oscillating around 2,100, with relatively converged overall volatility and no obvious continuation of weakness. It currently maintains a high-level consolidation rhythm.

From a smaller timeframe perspective, Bitcoin's retracement lows continue to rise, the center of the market has not shifted significantly downward, and the short-term structure remains in a relatively strong consolidation state. This indicates that currently, more consolidation is occurring at higher levels to digest upside resistance, rather than a trend reversal. Ethereum's chart similarly remains primarily in horizontal consolidation, with structure intact during consecutive oscillations. As moving averages gradually converge, there remains a need for another directional choice. Overall, bullish sentiment has not weakened noticeably. I still lean toward viewing the current phase as accumulation, with further bullish continuation expected going forward. #比特币站上七万美元 $BTC