#btc #eth From the monthly chart perspective, neither Bitcoin nor Ethereum has successfully closed above the starting point of the February decline, indicating that the monthly timeframe is still within a consolidation range—current monthly conditions remain range-bound. In terms of volume, both IBIT and ETHA have seen significant volume increases this month, while CEX volumes have largely held steady with modest upward movement. Based on the monthly chart, it’s still possible this represents ongoing consolidation, meaning there’s a chance prices could retest the early June low. However, I believe this scenario remains unlikely. Personally, I see a higher probability that prices will continue upward, extending the bullish trend that began in August. The monthly timeframe is too slow to guide specific trading decisions—it’s useful for identifying broad trends but not for precise entry or exit points.