Evening Thoughts

From a structural perspective, the four-hour timeframe shows a typical high-level stagnation with a double top divergence, multiple attempts to push higher have failed to break through key resistance, each new high is weaker, and volume can't keep up, a classic trap to lure buyers. The longer the sideways consolidation at high levels, the greater the probability of a downward break, this is an iron law. The moving average system is already in a bearish alignment, with short-term averages firmly pressing down on the price, and each rebound fails to break above the moving averages, indicating a weak signal.

MACD continues to weaken after a death cross at high levels, with increasing green bars, indicating bearish momentum is not waning but accumulating. This suggests it's not a reversal but a continuation of the decline. Resistance above is stubborn, and support below is easily broken with a touch.
Trading suggestions:
Bitcoin around 78,000 with a target near 76,500
Ethereum around 2,160 with a target near 2,100