In the evening, Bitcoin and Ethereum remain high with oscillations, but the bulls repeatedly lack momentum to push higher. After a quick surge, prices fall back rapidly, with obvious selling pressure above, and funds prefer to realize profits at high levels, showing low enthusiasm for chasing gains.



The market shows a pattern of trap to buy and distribution, with weak upward momentum and decisive declines. Blindly chasing longs carries high risk. In the short term, it is recommended to wait for a rebound to face resistance before shorting accordingly.

Bitcoin: Focus on the strong resistance zone at 77,000-77,500. If a rebound reaches this area, consider taking partial short positions. The lower targets are 75,000-74,000.

Ethereum: The trend is relatively weak, with resistance at 2,430-2,450. If the rebound does not break through, continue to short. Support levels are at 2,310-2,280.

Overall strategy: Do not chase the highs or bottom-fish. Short on rebounds, strictly control position sizes and stop-losses, and aim for quick entries and exits in the short term. $BTC $ETH
BTC3,91%
ETH4,29%
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