Intraday price fluctuations continue with narrow-range oscillations. In the afternoon, the market showed some bullish volume recovery. Bitcoin recovered from the 70,000 level (the day's low point) with bullish volume expansion, and has now recovered back above 71,000. However, after the rally there hasn't been much continuation, maintaining oscillation at higher levels. Regarding Ethereum, after retesting support near 2,130 in the morning session, the intraday rebound recovered to around 2,170 facing pressure. Overall volume needs to await the evening US stock market opening.

From the 4-hour chart perspective, K-line candles show some recovery patterns with yin-yang transitions, but overall price action consolidates around key levels. The bullish volume expansion hasn't further penetrated the upper key resistance at 72,000. The golden cross volume has been largely exhausted, and KDJ is currently at high-level divergence with signs of further pullback, indicating the market may face downside adjustment soon. The Bollinger Bands are currently in a flattening structure with strong upper resistance, leaving little room for upside movement. The evening outlook maintains a bearish perspective.

Bitcoin can short at 71,200-71,500, targeting around 70,000. Ethereum can short at 2,160-2,180, targeting around 2,100. #加密市场回涨 $BTC $ETH