#数字资产动态追踪 Bitcoin has been oscillating at high levels in this recent wave. $BTC On the four-hour chart, it tested a recent new high in the evening but was met with a sell-off, leaving a long upper shadow — indicating heavy resistance above and diminishing buying momentum.

Ethereum has performed relatively better and is showing its own rebound rhythm, but don’t be fooled by its independence; in reality, it’s still being dragged down by Bitcoin. Once Bitcoin faces pressure and pulls back, $ETH Ethereum’s rebound speed immediately follows suit, and the overall market sentiment is increasingly leaning towards bearish.

From a structural perspective, the bulls no longer have much strength to push higher. The key resistance level is right there; if it cannot be broken, it’s highly likely to fall into a range-bound decline. The most pragmatic approach at such times is to follow the trend, look for sell signals around resistance zones, and consider short positions to capitalize on this pullback.

That said, we are still in a consolidation phase. Although the bears are currently in control, short-term fluctuations are inevitable. Before entering the market, it’s essential to manage position sizes carefully and set stop-loss orders properly to avoid being caught off guard by sudden rebounds.