The market is experiencing continuous fluctuations at high levels, waiting for interest rate cuts to take off. Therefore, currently there is pressure to go up, and when it goes down, it gets picked up. Back and forth, day after day. If you hold a strong subjective view of bullish or bearish, you are easily countered. Following the rhythm of the market is the best strategy. The four-hour level is shrinking to its extreme.
For Bitcoin, short-term pressure is at 95,500, with support at 93,450.
For Ethereum, short-term pressure is at 1,856, with support at 1,720.
Suggestion: Pay attention to support and pressure levels. Breakthroughs can be followed with small positions; if it doesn't break, then it’s pressure to short and support to go long. Overall, the ETF inflow into Bitcoin is relatively high, and the market is biased towards going long. Currently, the technical aspect is facing a correction, and adjustments can sometimes be completed within the day. Do not hold positions; ensure proper risk control. Set stop-loss within 500 points.