Evening analysis: From the 4-hour chart, the overall structure of Bitcoin has begun to show range-bound fluctuations again, with signs of weakening trend clarity. Technically, various indicators show intense market contention between bulls and bears. After the 5-wave move, a 3-wave downward trend is anticipated, with bearish forces seeming to have an edge at the moment. The key market resistance position at 120800 is approaching; as long as this resistance holds, it indicates limited upward potential, and bears may attempt to press down to test lower support levels.
Ethereum's short-term trend is very strong; everyone is guessing the peak, yet they keep getting proven wrong. It’s a paradise for new players in a bull market and a benefit for experienced players in a bear market. Some speculate the peak is at most 5000, and they have their reasons. Currently, Ethereum cannot be analyzed; just buy on any pullback.
Trading advice: Short Bitcoin on a rebound around 120500-120800, with a stop loss at 121500. The target is around 119300-119000; if it breaks, look towards 118500-118150; if it doesn't break, consider buying.
Ethereum trading advice: Buy on a pullback around 4650-4630, with a stop loss of 50 points. The target is around 4730-4750; if it breaks, look towards the 4800-4830 area. If it doesn't break, consider shorting.
The strategy is for reference only. The market is highly volatile; pay attention to risk management and take profits when possible.