Starting June 4th, Trump will double the steel and aluminum tariffs, obstructing the upward channels for Bitcoin and Ethereum once again, with Bitcoin and Ether experiencing a brief pullback.

The EMA24 is located below the EMA52, indicating that the medium to long-term trend is under downward pressure, resonating with the movements of the main capital. Although the short-term average volume has increased, the overall volume is in a bearish arrangement, further strengthening the expectation of a pullback.
Currently, the trading volume at the hourly level remains sluggish, indicating insufficient upward momentum. The MACD daily line has formed a death cross, and in the short to medium term, it is still above the zero line, but the green bars are gradually weakening; in the 1-hour cycle, negative values are amplifying, and the rebound strength is limited, showing weakness in the short term. The RSI daily line is oscillating between 54-55, suggesting a neutral trend; the 1-hour RSI maintains at 52, indicating lack of strength in the rebound, with a possibility of a second test of support.
The recent high of 106755 corresponds to significant resistance, and the current price has not yet broken through. A fluctuation pattern of alternating bullish and bearish movements is observed at the highs. It is expected to pull back again in the short term; pay attention to the level of 104000/2550, as a break below this position would continue to test lower levels. Conversely, if the daily line at 106500/2650 can recover, bullish momentum may continue.
The long-term trading volume is gently shrinking, indicating a decrease in market trading enthusiasm, with relatively balanced bullish and bearish forces, still undergoing adjustments in volatility. The market remains in a neutral stance. In the view of Youmi, we are currently in a consolidation phase, and the long-term bullish pattern is still continuing.
The fluctuation range has landing points for both bulls and bears. In the short term, we expect a pullback, while the long-term outlook remains bullish. Bitcoin is responsible for drawing the roadmap, while ETH excels at surprise attacks! Pre-positioning is safer than chasing highs and cutting losses.