Gu Jingci: Bitcoin/Ethereum is a clear battle between bulls and bears in the short term; pay attention to the resistance at the high point during the day.

Yesterday, we repeatedly considered shorting Bitcoin/Ethereum on rallies, with the price retracing to around 3180 and 91200 in the early morning, resulting in a decent overall range. Short positions opened again in the early morning were closed with small profits during the morning pullback. Currently, the price continues its high-level consolidation, experiencing a surge followed by a pullback and a rebound. Bitcoin's pullback was relatively large, with the 4-hour chart showing a "V-shaped" recovery, but volume was insufficient and the RSI was overbought, indicating a potential for further correction. Ethereum reached a high of around 3307 last night, finding support at 3181. This morning, it rebounded to around 3300 before encountering resistance and is currently consolidating around 3270. Its price action is generally in sync with Bitcoin, but it exhibits greater resilience. On the daily chart, the price is trading above the moving averages, maintaining a healthy uptrend, but heavy selling pressure is seen around 3300 and 94000. The RSI is overbought and flattening, suggesting a short-term need for adjustment. The 4-hour chart shows a rebound after finding support around 3180 and 91000, forming an upward channel, but with a bearish divergence and an inverted hammer candlestick pattern, indicating significant downward pressure. Trading suggestions: Short Bitcoin around 93200-93600, target 91000-91500; Short Ethereum around 3280-3300, target 3180-3200. Our daily analysis and strategies have a high win rate and are readily available. However, these analyses and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.