Bitcoin and ETH Supplement Update: (Detailed video will be uploaded later)

【Bitcoin】

Currently, Bitcoin's structure is a converging triangle within a technical pattern, and it also reflects a divergence in futures positions.

Within the technical pattern, this pullback is nearly complete. However, based on futures liquidity and position divergence, the pullback level is approximately around 103k.

Therefore, operations here should still start from the right-side structure, using low leverage to continuously probe short positions until a small cycle bottom reversal signal appears.

【ETH】

The support and resistance exchange zone around 2690 has been broken, which means that yesterday's high point of 2780 was a false breakout. The demand zones are still at 2540 and 2400.

Mainly, ETH's futures positions are too strong; yesterday's false breakout surprisingly did not scare anyone away, and the position volume remains high. In my view, Bitcoin may need to continue its pullback, but Ethereum might just need a pullback to the lower edge of the range to be sufficient.

Here, I suggest that short-term probing of Ethereum short positions is unnecessary due to low risk-to-reward ratios. If a small cycle bottom signal is seen, on the contrary, one can go long.