The current four-hour chart for Bitcoin is still within a rebound framework, but around 79,500 is where the prior swing high overlaps with a dense trading volume zone. Multiple attempts have touched it without breaking through; in essence, it is strengthening the effectiveness of suppression in that area rather than weakening it. On the one-hour timeframe, it’s clearly visible that although the market keeps testing upward, the continuation space between successive highs is getting smaller, and there is a lack of sustained volume expansion to back it up. This forms a typical structure of repeated probe attempts at high levels with momentum fading. Once a pullback occurs and the price drops below 77,000, it will break the current small-timeframe support framework. Below that, the market is first likely to revisit 76,500, and then there will be a further need for a pullback to the previous rally start zone. Ethereum’s structure is similar: on the four-hour chart, the resistance around 2,350 is clearly defined; on the one-hour chart, price is accumulating laterally at a high level and still can’t open up any room. This indicates that bulls are finding it difficult to advance in that zone. Based on this structure, the short bias idea given this morning is well-founded and has not been invalidated. The current price action looks more like the final back-and-forth confirmation under the resistance level rather than a real, effective breakout. In terms of execution, continue to maintain the bearish direction; do not change the pace until there is a volume breakout through the key resistance zone.