Analyst Liang Qiu: Ethereum broke new highs at 8.25 and then retraced, BTC broke key support.

Bitcoin/Ethereum surged last night but quickly fell back in the early morning. Ethereum even broke its historical high, reaching a peak of 4958, and then started to retreat. However, the decline was not as significant as expected, as the previous spike's pullback level at 4650 was not touched, and the short-term trend has not broken down. Bitcoin, on the other hand, has moved in the opposite direction, directly breaking below the 112000 level and dropping to around 110500, followed by a rebound. Currently, the overall trend is unclear, with resistance above and support below.

The K-line pattern on the daily level shows that after a significant price increase recently, it has entered a high-level consolidation range, forming a long upper shadow indicating heavy selling pressure above. On the 4-hour level, there have also been multiple instances of price surging and then retreating, with highs gradually decreasing and lows showing some support, presenting a short-term weak adjustment pattern. In terms of technical indicators, both the 4-hour DIF and DEA are in the positive zone, but the histogram has turned from red to green and continues to shrink, indicating weakening momentum; the MACD on the daily level still maintains a golden cross state, but there are signs of divergence.

Operation advice: Short Bitcoin around 112800 to 113300, target near 111500; Short Ethereum around 4730 to 4750, target near 4650. The post is time-sensitive, specific to real-time. #ETH创历史新高 #鲍威尔鸽派发言 #Gate Alpha空投FST .