The most volatile market is when it's time for short swings. Don't be anxious; let me analyze the market for everyone:

Bitcoin is currently experiencing narrow fluctuations at a high level today, running in the range of 118,000-119,500. The overall structure has not yet broken through the previous high of 123,300, indicating a weak rebound in the short term. The current area of 119,000-119,500 is a dense resistance zone above, where historical attempts to break through have failed multiple times, and there is significant pressure on capital. From the hourly chart, there is a divergence in momentum and a decrease in trading volume, limiting the height of the rebound, which shows signs of a potential trap for buyers.

If it subsequently breaks below 117,000, the short-term pullback may accelerate, with support at 116,500 and 114,600 below.

🎈 Strategy suggestion: Short positions in the range of 119,000-119,500, with profit targets at 117,000/116,500 and a stop-loss above 120,200.

Ethereum has been fluctuating between 3,840-3,900 for the past two days, with a similar trend to BTC, also in a phase of stagnation. The upper level of 3,940 is the recent high point for rebounds, and multiple short-term attempts to break through have failed. The current range of 3,855-3,875 is under strong pressure, with weak willingness to attack. From the perspective of trading volume and momentum, there is insufficient volume at high levels, and there is a top divergence between MACD and candlestick patterns, increasing the risk of short-term adjustments.

Support below is focused on the 3,750 and 3,680 levels. If it cannot hold above 3,750, it will enter a deep pullback.

🎈 Strategy suggestion: Lightly short in the range of 3,855-3,875, targeting 3,750/3,680, with a stop-loss above 3,920. #以太坊十周年 $ETH