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A new week begins with a midnight spike, as a giant whale suddenly sells off Bitcoin to adjust its Ethereum holdings. The market sees a low point spike at 110484, followed by a price rebound. Last week's weekly closing was quite poor with a large bearish candlestick, and the SKDJ indicates overbought conditions with a death cross. Trading volume has noticeably increased compared to last week, so be cautious of volume this week, as a significant pullback may occur.
In the 4-hour timeframe, a spike recovers and continues bullish with a series of spikes, which generally indicates that during such market conditions, the day tends to lean towards oscillation and repair. From the current state, there is a noticeable increase in volume, and the SKDJ shows a death cross with the fast and slow lines widening, making a short-term reversal difficult. The upper resistance level around 113978 may be an opportunity to enter short positions, while the lower support is at 112412-109351.

Ethereum reached a new high last week, and there was a significant increase in weekly volume. The SKDJ has entered the overbought zone, and with the fast and slow lines widening, a short-term reversal remains difficult, indicating there is still room for further highs. In the 4-hour timeframe, after hitting the resistance level of 4950, it retreated without a significant increase in volume, showing a discrepancy between volume and price. Support is around 4667 after the midnight spike, where volume has started to release. The SKDJ shows overbought conditions with a death cross, and there is still a possibility of another decline during the day, touching the lower support around 4494. After reaching this point, one could consider entering long positions, while the upper resistance remains at 4950#ETH创历史新高 .