From early morning to the current stage, Bitcoin has not shown a significant breakout in its overall trend. The market has been oscillating within the range of 70,600—71,800. The price briefly dipped to around 70,600 but did not continue downward, followed by a corrective rebound that peaked near 71,800. However, resistance above is clear, and a true breakout has not been achieved. The market then returned to a range-bound oscillation. From a chart perspective, this back-and-forth tug-of-war tends to unsettle traders’ psychology. Many traders chase highs and sell lows frequently during such oscillations, often resulting in being worn down by the market’s fluctuations. In reality, successful trading isn’t about how many times you make a move, but about who has more patience. During these indecisive markets, it’s crucial to stay calm, control your hands, and wait for a genuine opportunity to strike decisively. The market never lacks opportunities; what’s missing is the ability to remain calm amid volatility.

Regarding the current chart, from the 1-hour timeframe, the market is still in a consolidation phase after a sharp rise and pullback. The overall movement remains below the short-term moving averages, with rebound heights gradually decreasing. The price’s center of gravity shows a slow downward trend, indicating that short-term bullish momentum is gradually weakening. Meanwhile, the RSI indicator is operating in a neutral to slightly weak zone, with insufficient momentum release. In the short term, the market is likely to continue oscillating within a range. Looking at the 4-hour chart, the previous sharp rise and subsequent pullback have broken the short-term bullish rhythm. Currently, the price mainly oscillates around the medium-term moving averages, with the overall structure leaning towards a weak consolidation. Overall, the short-term trend is weak, and trading should follow a strategy of selling high and buying low. #加密市场上涨 $BTC