Recent movements of Bitcoin and Ethereum have attracted considerable attention. From a technical perspective, the rhythm and structure of this wave of market activity are worth a detailed review.

**Bitcoin Technical Analysis**

The previous short strategy around 94,100 was effective, but the pullback was relatively controlled, currently only about a 1,000 USD decline space. Looking at the daily chart now, you can feel the change in rhythm—after the previous K-line broke above the upper band and closed with a solid bullish candle, the opening of the day was just a slight pullback, followed by a sideways consolidation. The Bollinger Bands are expanding, and the short-term moving averages remain upward. The MACD fast and slow lines have crossed above zero and extended upward, with volume bars continuously increasing, indicating that upward momentum is still building. However, the KDJ is encountering resistance near 100, showing signs of turning downward, and the VR indicator is consolidating around 90.

The four-hour chart signals are even more straightforward—K-lines are being resisted at the upper band and falling back, Bollinger Bands are showing signs of narrowing, and the short-term moving averages are arranged in a bullish alignment. An important detail here is that the MACD fast and slow lines are turning downward, volume is decreasing, the KDJ is crossing downward, and the VR indicator is adjusting around 260.

Overall, the market rhythm aligns with previous expectations. The short-term structure remains bullish, but resistance at the previous high still holds. **If the price can break through 95,000 and stabilize, the next target should be around 97,000**. Conversely, support levels depend on the performance around the four-hour midline.

From a short-term trading perspective: short at 95,000 (can add to short at 96,600), long at 92,200 (profit-taking as appropriate).

**Ethereum Technical Analysis**

Ethereum’s situation shows some correlation with Bitcoin. The previous short strategy at 3,260 faced resistance at 3,266 and pulled back, but the space was also limited. The key is to monitor Bitcoin’s rhythm. Both daily and four-hour technicals show consistent signals. The immediate resistance to watch is the EMA200 line; if the market continues upward testing this level, as long as it doesn’t break through, a pullback can be expected. On the downside, focus on the horizontal support formed by the pin bar on the four-hour chart, which is roughly near the Bollinger Bands’ middle band.

From a short-term trading perspective: short at 3,336, long at 3,188 (profit-taking as appropriate).

**Some Thoughts**

Currently, the market is in a rebound from a U-shaped bottom, but the strength and breakout momentum are still being validated. The effectiveness of key resistance levels determines the subsequent direction—whether a breakout or a rebound—both need to be confirmed by actual price action. Technical analysis in crypto markets is about listening to the data; traders should respect the data and follow the rhythm. The core of short-term trading remains risk management and position selection—after all, in this market, even if the direction is correct, you need to stay alive to see the trend unfold.