Daily K Trend Analysis: BTC's bearish formation has been established at the 4-hour level compared to Bitcoin, with daily moving averages completely breaking down and technicals extremely deteriorated. The 1.13 false breakout from the 98,000 segment's 2BM top has been significantly broken below the neckline by the US stock market, confirming the major M top breakdown. Although ETH (Ethereum) has shown a MACD death cross divergence, the 4-hour level bearish formation has not yet fully formed, and relative strength remains. The daily EMA30 still has support, making its technicals better than Bitcoin. Previous Review: Short at 4211 Ethereum 4680: Ideas were given in the video but not executed, leading to a direct drop of 300 points. Bitcoin support at 108,500-109,000 was given in the video but not acted upon, with an intraday rebound of over 1000 points. Among the eight strategies, only two stop-loss operations were chosen, and luck was very poor.
BTC Resistance Level: 112,400 (bearish bat pattern 0.886 position), 111,900 (bearish Gartley pattern 0.786 position, needs significant retracement to confirm), 112,000 (major M top neckline position + 4-hour EMA30 downward overlap)
BTC Support Level: 103,800 (weekly EMA30 + Fibonacci 0.786 overlap, the only left-side support level)
ETH Resistance Level: 4540 (previous support level + hourly EMA60 downward overlap + 100% equilateral wave pattern decline)
ETH Support Level: 4160 (0.886 retracement + daily EMA30 resonance, around 4170)
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