Last night, after rushing to 1871, $ETH retraced, and the bulls are a bit weary. From the 1-hour level, after the rise, it started to pull back, but the drop is not much. The liquidity on the weekend is poor, and volatility may decrease. Although it is pushing up again now, with MACD divergence + KDJ overbought, there may be a short-term pullback before attempting to rise again. In terms of operations, wait for the pullback to buy low, don't rush to chase after the rise.
Currently, $BTC is still lingering under the key resistance level, with a standoff between bulls and bears. The rebound volume is getting smaller, indicating that there is not much chasing money, and the upward momentum is insufficient. If it cannot break the previous high, it may need to move down a wave. Therefore, if BTC cannot break the resistance for a long time, consider a short position for a wave.
