In the afternoon, the overall trend of the pancake maintains a high position with narrow fluctuations, operating within the range of 67200-67900, without any obvious pullback. Currently, the price remains steady around 67500. From a technical perspective, after a rapid rise in the morning, the afternoon has replaced a pullback with sideways movement, which is a typical characteristic of strong consolidation. The price is consistently operating above 67200, and this position has been transformed from previous resistance into short-term support, with strong buying interest below, indicating that the bulls have not exited the market but are accumulating momentum for the next round of upward attacks.
On the hourly chart, MACD is flattening at a high level but has not formed a death cross, volume remains stable, and RSI is maintaining in the strong area, with the overall structure still healthy. Ethereum's trend is synchronized, following a narrow range consolidation with ample elasticity reserves. This rhythm of "rapid rise - sideways movement" is often a signal of trend continuation rather than a sign of weakening.
Overall, the afternoon fluctuations belong to a continuation consolidation of the upward trend, and the dominant pattern of bulls remains unchanged. In terms of operations, one can continue to be bullish relying on the 67200 line, and pay attention to the breakthrough situation in the 68000-68500 area, with the defense set below 66800. As long as the price remains steady above 67000, the strategy remains unchanged. #亚洲股市跳水 $BTC
