$BTC $ETH The current market continues to show a volatile pattern, with both bulls and bears caught in a stalemate, and a clear trending market has yet to form. It is noteworthy that Ethereum has recently displayed independent movements, showing signs of divergence from Bitcoin. However, both major cryptocurrencies face upward resistance at the daily level, having repeatedly attempted to break through high levels without success, indicating significant selling pressure above. Currently, the price is fluctuating at a high level, and as time passes, the risk of a short-term pullback is gradually increasing, necessitating caution.

From the 4-hour technical chart, the price encountered notable resistance after reaching the 109200 level, with critical support forming around 107500. The current fluctuation range is continuously narrowing, suggesting that the market is about to make a directional choice. Once an effective breakthrough occurs, it is expected to trigger a unilateral market trend. Based on the above analysis, before the price successfully breaks through the key resistance level, it is advised to adopt a high short strategy, positioning short orders near the resistance level to seize potential pullback opportunities.

Bitcoin can be shorted near 109000, targeting around 107200; Ethereum can be shorted in the 2650-2680 range, targeting around 2580. #BTC #ETH