BTC has been in a high-level oscillation since quickly pulling back from the historical high of 73777 on March 14 to 60777, and the oscillation range is becoming smaller and smaller, presenting a pattern of triangular consolidation or convergent central. This means that the big cake is about to face another direction choice.

Looking directly at the 4-hour chart, it is clear that the new 4-hour yellow central range has been determined, and the current operation is an upward segment from the second sell to the second buy. The recent market has been very torturous, as can be seen from the internal structure of each red line segment, almost every red circle is a "small to large" reversal trend, and the conversion of buying and selling points has not shown a clear structure. Frequent occurrences of small to large trends are the most difficult to grasp, and the probability of operational errors will also increase significantly. It is recommended to make fewer moves and observe more in this market, and for spot trading, even if you are trapped, there is no need to panic, and for contract operations, only small-level buying and selling points should be used for quick in and out.

From the perspective of structural form, this central is a convergent central, and it is in the middle negative phase of the second central at the 4-hour level, which can go up or down without a clear direction. However, from the daily chart, the daily MACD is basically close to the zero axis, and the red columns are beginning to shorten, according to convention, it will surge up again. The strength of this upcoming surge is crucial.

Taking another look at the 4-hour chart of ETH, the trend of Ethereum is similar to that of Bitcoin, but it is relatively weaker compared to Bitcoin. The highest and lowest points of the central are still important reference points. Currently in the middle negative phase, it can only be dealt with according to the 4-hour central oscillation strategy.

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