Ethereum is currently most likely in the pullback phase after breaking out of a consolidation range. Observing the minor wave structure, there is strong resistance above, and a significant amount of trapped positions have accumulated in this region. If there is a lack of sustained upward momentum, a short strategy can be considered first, targeting a pullback to the support of the consolidation range.

From a technical perspective, Bitcoin on the daily chart has broken the recent downward trend and is gradually rebounding, having basically established support at the 85,000 level. There is potential for a bullish V-shaped move going forward. On the 4-hour chart, the price action has stopped falling and started to recover. The Bollinger Bands are opening downward, indicating a minor pullback, which further emphasizes the expectation of a rebound. A strategy of buying on dips is recommended. In recent days, there have been rallies during the early morning hours and pullbacks during the day, with bulls and bears tugging back and forth, so it's appropriate to take advantage of these pullbacks.

Short Bitcoin near 88,000, target around 87,300
Short Ethereum near 2,930, target around 2,890 #比特币行情观察