After a bullish run, BTC's momentum has stalled around the $38,000 resistance level, a critical point that has witnessed a confluence of selling pressure. The price action suggests that a short-term retracement may be on the horizon, with a potential fallback to the $35,000 support zone, according to recent analysis​​.

在牛市之后，BTC 的势头在 38,000 美元阻力位附近陷入停滞，这是见证抛售压力汇合的关键点。根据最近的分析，价格走势表明短期回调可能即将到来，有可能回落至 35,000 美元的支撑区域​​。

The daily chart exhibits a consolidation phase, where the price has faced rejection at $38K, leading to subdued volatility and price movements within a range capped by $35,000 and $38,000. This consolidation, along with an extended bearish divergence between the price and the relative strength index (RSI), indicates that bullish momentum might be waning, which could lead to a correction.

日线图显示出盘整阶段，价格在 38,000 美元处遭遇拒绝，导致波动性减弱，价格波动在 35,000 美元和 38,000 美元的上限范围内。这种盘整，加上价格与相对强弱指数（RSI）之间的看跌背离扩大，表明看涨势头可能正在减弱，这可能导致回调。

比特币/美元图表由TradingView提供

A four-hour chart perspective reveals an ascending wedge pattern, which is typically considered a bearish reversal signal. Concurrently, a head and shoulders pattern is forming, nearing the completion of the right shoulder.

四小时图表视角揭示了上升楔形形态，这通常被认为是看跌反转信号。同时，头肩形态正在形成，右肩即将完成。

This pattern is a crucial indicator of a potential bearish reversal, becoming valid if the price dips below the pattern's neckline, potentially leading to a price drop below the wedge pattern, with key support at the $32,300 level, marked by the 0.5 Fibonacci retracement.

该形态是潜在看跌反转的关键指标，如果价格跌破该形态的颈线，该形态就会生效，可能导致价格跌破楔形形态，关键支撑位为 32,300 美元，以 0.5 斐波那契回撤位为标志。

On-chain analysis adds another layer to the narrative. The movement of Bitcoin from miner wallets to exchanges usually implies an increase in market liquidity and selling pressure. However, there has been a decline in such activity to levels not seen since 2017, which may indicate that miners are holding onto their coins, a sign that could be interpreted as bullish sentiment​​.

链上分析为叙述增添了另一层内容。比特币从矿工钱包转移到交易所通常意味着市场流动性和抛售压力的增加。然而，此类活动已下降至 2017 年以来的最低水平，这可能表明矿工正在持有他们的代币，这一迹象可以被解读为看涨情绪​​。

Shiba Inu struggling

柴犬挣扎

Shiba Inu (SHIB) has been navigating a challenging market landscape, grappling for momentum amid a maze of consolidation patterns. The recent price action of SHIB on the Binance chart underscores a phase of compression, where the token is caught in a tug-of-war between bears and bulls, leading to a narrowing price range.

柴犬 (SHIB) 一直在充满挑战的市场环境中前行，在错综复杂的整合模式中努力争取动力。 SHIB 最近在币安图表上的价格走势凸显了一个压缩阶段，该代币陷入了空头和多头之间的拉锯战，导致价格范围缩小。

The chart reveals a symmetrical triangle pattern, characterized by two converging trendlines as the price swings high and low within a tightening range. This pattern often indicates a continuation or a reversal, with the direction of the breakout providing insight into future price trends. As SHIB approaches the apex of the triangle, the possibility of a breakout looms, with traders closely watching which way the price will veer.

该图表显示了一个对称的三角形模式，其特点是当价格在紧缩区间内高低波动时两条趋同的趋势线。这种模式通常表明持续或逆转，突破的方向可以洞察未来的价格趋势。随着 SHIB 接近三角形的顶点，突破的可能性迫在眉睫，交易者密切关注价格将走向何方。

Volume profiles during this period paint a cautious picture, with no significant spikes to suggest a firm decision by the market participants. A notable volume increase would be necessary to validate any potential breakout, providing the conviction needed for a sustainable price move.

在此期间的成交量概况描绘了一幅谨慎的景象，没有出现明显的峰值表明市场参与者做出了坚定的决定。成交量的显着增加对于验证任何潜在的突破是必要的，从而为可持续的价格走势提供了所需的信念。

SHIB's recent pattern also exhibits lower highs and higher lows, a tension that hints at an impending volatility spike. However, without a clear increase in trade volume, it is challenging to predict the direction of the breakout. Should SHIB break above the triangle's upper trendline, it would suggest bullish sentiment, potentially leading to a price surge.

SHIB 近期的形态还表现出较低的高点和较高的低点，这种紧张局势暗示着波动性即将飙升。然而，在交易量没有明显增加的情况下，很难预测突破的方向。如果 SHIB 突破三角形的上部趋势线，则表明看涨情绪，可能导致价格飙升。

Dogecoin's surprising rally

狗狗币的惊人反弹

Dogecoin (DOGE), the cryptocurrency that began as a joke but became a favorite among retail investors, is now maneuvering to solidify its position above critical support levels. A glance at the DOGE/USDT chart on Binance indicates that DOGE is attempting to maintain its foothold above the intersection of the 50-day and 100-day moving averages — a bullish signal for traders looking for stability.

狗狗币（DOGE）是一种加密货币，一开始只是一个笑话，但后来成为散户投资者的最爱，现在正在采取措施巩固其在关键支撑位之上的地位。币安上的 DOGE/USDT 图表显示，DOGE 正试图将其立足点维持在 50 日和 100 日移动平均线交叉点之上，这对于寻求稳定的交易者来说是一个看涨信号。

The chart shows DOGE recently bouncing off these moving averages, suggesting a strong area of support around the $0.078 price point. This level has become a litmus test for the meme coin, as maintaining above it may attract further buying interest. On the flip side, a fall below could trigger a sell-off, testing lower support levels.

该图表显示 DOGE 最近从这些移动平均线反弹，表明 0.078 美元价格点附近存在强大的支撑区域。这一水平已成为模因币的试金石，因为维持在该水平之上可能会吸引更多的购买兴趣。另一方面，跌破可能引发抛售，测试较低的支撑位。

Currently, DOGE's resistance seems to be forming near the $0.085 mark, a level that has previously seen a consolidation of sell orders. A breakthrough above this resistance could pave the way for DOGE to target the next psychological level at $0.1, a target that has eluded it in the recent past.

目前，DOGE 的阻力似乎正在 0.085 美元关口附近形成，该水平此前曾出现过卖单盘整。突破这一阻力位可能为 DOGE 瞄准下一个心理价位 0.1 美元铺平道路，而该目标在最近一段时间内一直未能实现。

The trading volume has been relatively stable, without any significant spikes, which could suggest a lack of aggressive trading at the moment. However, as the crypto market is known for its volatility, any increase in volume could quickly change the current dynamic.

交易量相对稳定，没有出现任何明显的峰值，这可能表明目前缺乏激进的交易。然而，由于加密市场以其波动性而闻名，任何交易量的增加都可能迅速改变当前的动态。