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The four-hour chart shows a dip followed by a rebound and a rise, with the market returning to a range and oscillating repeatedly. Both bulls and bears lack sufficient momentum for continuation, and the repeated tug-of-war has been the main theme recently. Currently, the price is testing resistance levels after a rebound, and the short-term trend remains choppy and unpredictable, making it more challenging to judge key levels. Intraday, traders can flexibly adjust based on the hourly chart. From a daily perspective, attention should still be paid to potential highs and retracements after touching resistance levels. The overall intraday trend is likely to first attempt a rebound and test resistance, then pull back upon encountering resistance—that is, a pattern of rising first and falling later. Personally, I lean toward a final weak consolidation and decline.
Trading Suggestions
Shorts around 78,000–78,500 in Bitcoin, targeting a pullback to 77,000–76,500
Shorts near 2,160 in Ethereum, with targets at 2,100–2,080