Recently, the Bitcoin market has shown a fluctuating trend, with prices oscillating slightly between $107,700 and $108,300. Ethereum has also been consolidating between $2,495 and $2,528, with the overall market rhythm slowing down. A doji pattern has appeared on the daily chart, reflecting a balance of bullish and bearish forces.

From the four-hour level, we observe a typical box convergence structure, indicating that market momentum is gradually contracting. In the short term, the resistance level for Bitcoin may appear around $108,500. If this position is broken, attention should be paid to the secondary resistance around $109,800. On the support side, $107,000 is an important threshold. Currently, price fluctuations are mainly concentrated in the range of $107,500 to $108,500, showing that the market is still in a consolidation phase.

For Ethereum, we see a similar consolidation trend. Market participants should closely monitor the potential resistance in the range of $2555 to $2585, while the support below may be around $2480 to $2450.

Overall, the two major mainstream cryptocurrencies are in a critical consolidation phase. Investors need to stay vigilant and pay attention to changes in trading volume and breakout signals. In the current volatile market, it is particularly important to set reasonable stop-loss and profit targets. At the same time, it is essential to closely monitor the macro trends of the overall cryptocurrency market and potential catalyst events, as these factors may break the current consolidation pattern and trigger a new round of market fluctuations.